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Session 14: Contributed Papers
2006 Edmund A. Mennis Contributed Paper Award
“Strengthening Globalization’s Invisible Hand: What Matters Most”
Adam Ratner, Business Enterprise Consultant, West Monroe Partners
Thomas F. Siems, Senior Economist and Policy Advisor, Federal Reserve Bank of Dallas
2006 NABE Contributed Paper Award
“Pricing of Mutual Fund Services in Retirement Plans: Evidence From Open-End Equity Funds”
Jacob De Rooy, Professor, School of Business Administration, Capital College of The Pennsylvania State University at Harrisburg
Presentations
Jacob De Rooy : Pricing of Mutual Fund Services in Retirement Plans
Thomas Siems and Adam Ratner: Strengthening Globalization’s Invisible Hand: What Matters Most?
Links of Interest
FRB of Dallas Research Department
Speakers
Adam Ratner
Business Enterprise Consultant
West Monroe Partners
Adam Ratner is currently a Business Enterprise Consultant with West Monroe Partners in Chicago, Illinois. His consulting expertise is founded on both his keen understanding and application of efficiency generating, cutting edge business technologies and processes, and his extensive knowledge of international economies. As a Business Enterprise Consultant, Adam works to build the business processes and capabilities within organizations by looking at them through multiple lenses: strategy, people, process, technology, economic, value creation, and industry best practices.
Ratner recently traveled to both India and China to gain greater insight into their respective financial markets.
Ratner earned his B.A. from DePauw University.
Thomas F. Siems
Senior Economist and Policy Advisor
Federal Reserve Bank of Dallas
Thomas F. Siems is senior economist and policy advisor at the Federal Reserve Bank of Dallas. As a member of the free enterprise group, Siems' research focuses primarily on how enabling technologies, particularly the Internet and e-commerce, impact productivity and the economy. He is also a senior lecturer with the Engineering Management, Information and Systems Department in the School of Engineering at Southern Methodist University and an advisory board member of the Cato Institute's Project on Social Security Choice. Siems has published more than 45 articles, some of which have appeared in such journals as Journal of Money, Credit and Banking, European Journal of Political Economy, Research in Finance, Review of Financial Economics, The Annals of Operations Research, and various Federal Reserve Bank of Dallas publications.
Siems earned a B.S.E. in industrial and operations engineering from the University of Michigan in 1982 and an M.S. and Ph.D. in operations research from Southern Methodist University in 1985 and 1991, respectively. In addition, Siems is a 1989 graduate of the Public Finance Institute at the University of Michigan and a 1991 alumnus of the Graduate School of Banking at Colorado. Siems began his career with the Federal Reserve in 1984.
Siems is active in the Bank's economic education programs and has taught economics, statistics, finance, operations management and other business courses at SMU, LeTourneau University and the University of Dallas.
Jacob De Rooy
Professor, School of Business Administration
Capital College of The Pennsylvania State University at Harrisburg
Dr. Jacob De Rooy is on the faculty of the School of Business Administration, Capital College of The Pennsylvania State University at Harrisburg, where he has taught and conducted research for over twenty-five years. He teaches courses in business economics and finance for both undergraduate and graduate students. At the University level De Rooy has served in numerous leadership positions on Penn State’s University Faculty Senate including Faculty Advisory Committee to the president, Secretary of the Senate, chair of the Outreach Activities Committee, and member of special task forces. In AY 2005-2007 he will serve as president-elect and as president of the Capital College Faculty Senate. Formerly, he was director of the Penn State Harrisburg MBA Program and is currently chair of the Finance/Economics Program in the School of Business Administration.
His first book, ECONOMIC LITERACY: What Everyone Needs To Know About Money and Markets (Crown Publishers, New York), was published in August, 1995 (paperback, 1996). He is currently doing research on the pricing of mutual fund services (the fees that mutual funds charge investors).
De Rooy is consulting economist for the Pennsylvania Association of Realtors®. Dr. De Rooy frequently comments on economic affairs for local television and radio stations and print media.
He has published several research papers on regional economic analysis in scholarly journals and conducts economic impact analyses for clients of the Institute for State & Regional Affairs at Penn State’s Capital College.
De Rooy was a student at Rutgers-The State University of New Jersey, where he was awarded the B.A. and M.A. degrees and the Ph.D. in economics.
He is a long-time member of the American Economic Association, National Association for Business Economics, and the Financial Management Assocation.
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