CURRICULUM VITA

November, 2000


 


Name: Stephanie A. Bell Department of Economics

Date of Birth: October 10, 1969 University of Missouri–Kansas City

Citizenship: U.S.A. 211 Haag Hall

5100 Rockhill Rd, Kansas City, MO 64110
(816) 235-5700

Degrees:

Ph.D. New School for Social Research, New York, New York - May 2001

M.Phil. (Economics) University of Cambridge, Cambridge, England - 1997

B.S. (Business Finance) California State University, Sacramento - 1995

B.A. (Economics) California State University, Sacramento - 1995

Dissertation:

Title: Public Policy and Government Finance: A Comparative Analysis Under Different

Monetary Systems.

The dissertation begins with a review of Abba P. Lerner’s theory of functionalfinance and then moves to a case-by-case examination of the actual workings of government finance in a variety of institutional settings. The US system is analyzedfirst, and it is shown that the government is not constrained, as a consequenceof its monetary system, in its ability to practice functional finance. The monetary system created under Economic and Monetary Union (EMU) is examined next, and it is concluded that member states now lack the freedom to adopt the principles of
functional finance. Finally, government finance operating under a currency board is considered. In this chapter, it is argued that a monetary system devoted to maintaining fixed exchange rates imposes certain important constraints, which preclude the adoption of functional finance. A number of the chapters have been published in the Levy Institute’s Working Paper Series, and two have been accepted for publication in refereed journals. Related Experience:

Teaching:

Assistant Professor, University of Missouri – Kansas City, August 1999 – present

Guest Lecturer, Cooper Union, New York, NY, Fall 1998

Teaching Assistant, University of Denver, Winter/Spring 1996

Research:

Research Scholar, The Center for Full Employment and Price Stability,

August 1999 – present
Visiting Scholar, The Jerome Levy Economics Institute, Summer 1999
Visiting Scholar, The Jerome Levy Economics Institute, August 1997 – August 1998
Papers Presented at Professional Meetings:"Is the Working Class Working Under New Capitalist Forms of Organization?
Critique of Hodgson’s View of the Labor Contract", with John F. Henry, to be presented at the Allied Social Science Association Annual Meetings,New Orleans, January 2001.
"Common Currency Lessons from Europe: Have Member States forsaken their Economic Steering Wheels?", presented at The Political Economy of Monetary Integration Conference, Ottawa, Canada, October 2000."Financial Aspects of the Social Security "Problem", presented at the Allied Social Science Association Annual Meetings, Boston, MA, January 2000
"Financing a Guaranteed Jobs Program", presented at the Path to Full Employment Conference, University of New Castle, Australia, December 1999
"Can Taxes and Bonds Finance Government Spending?", presented at the Conference on the Economics of Public Spending, Laurentian University, Sudbury, Ontario, March 1999
"Hospitality vs. Exchange: The Limits of Monetary Economies", presented at the Eastern Economics Association Annual Meetings, Boston, MA, March 1999
"Deficits and Balance Sheets: How The Government Really Spends", presented at The Post Keynesian Graduate Workshop, Leeds, UK, November 1998
"How to Pay for Full Employment", presented at the Post Keynesian Summer Conference, Knoxville, TN, July 1998"The Role of the State and the Hierarchy of Money", presented at the Eastern Economics Association Annual Meetings, New York, NY, November 1997

 Discussant at Professional Meetings:

                             Allied Social Science Association Annual Meetings, Boston, January 2000

                   Conference on the Economics of Public Spending, Ontario, Canada, March 1999

                   Western Social Science Association conference, Denver, April 1998

                   Allied Social Science Association Annual Meetings, New York, February 1998

                   Western Social Science Association Annual Meetings, Reno, March 1996

 Chair at Professional Meetings:

                               Conference on the Economics of Public Spending, Ontario, Canada, March 1999

The Second Generation Symposium: A Symposium on Immigration, The Jerome

Levy Economics Institute, New York, October 1997

 Sessions Organized at Professional Meetings: "Innovations in Economic Policy: New Approaches to Old Problems",

Association for Evolutionary Economics, Boston, MA, January 2000

 Publications:

"Do Taxes and Bonds Finance Government Spending?" 2000. Journal of Economic

Issues, Vol. 34, no. 3. "Financial Aspects of the Social Security "Problem" with L. Randall Wray. 2000. Journal of Economic Issues, Vol. 34, no. 2. "The Role of the State and the Hierarchy of Money." 2001. Cambridge Journal of Economics, Vol. 25, no. 3. "Hospitality vs. Exchange: The Limits of Monetary Economies" with John. F. Henry. 2001. Review of Social Economy, Vol. 60, no. 1. "Functional Finance: What, Why and How?" 1999. Jerome Levy Economics Institute, Working Paper #287. "Can Taxes and Bonds Finance Government Spending: Reserve Accounting and Government Finance." The Third Annual Post-Graduate Economics Conference: Conference Papers, Leeds University Business School, November 1998.
"Can We Grow Faster?" with L. Randall Wray. Report: The Jerome Levy Economics

Institute of Bard College, Vol. 8, no. 2, May 1998.

Fellowships, Awards & Honors:

Jerome Levy Economics Travel Fellowship from Cambridge University, 1997-98

Rotary International Ambassadorial Fellowship to study in Cambridge, 1996-97

Overseas Trust Scholar, University of Cambridge, 1996-97

Major Areas of Interest:

Macroeconomics

Monetary Theory & Policy

Finance and Financial Markets

Public Policy

History of Economic Thought