February 6, 2014
JONATHAN EDWARD LEIGHTNER
ADDRESS: Hull College of Business Office: 706 667 4545
Georgia Regents University Home: 706 733-4045
1120 15th Street Fax: 706 667-4064
Augusta, Georgia 30912 E-mail:
EDUCATION
Ph.D., Economics, 1984 ‑ 1989; U. of North Carolina, Chapel Hill, NC, USA
Fields: Economic Development and Comparative Systems
M.A., Philosophy, 1980 ‑ 1982; Baylor University, Waco, Texas, USA
B.A., Philosophy, 1976 ‑ 1980; Baylor University, Waco, Texas, USA
RESEARCH INTERESTS
International Economics Economic Development Asian Economics
Applied Micro and Macro Political Economy Omitted Variables
Religion, Ethics & Economics Financial Crises
COURSES TAUGHT
International Economics International Monetary Theory and Policy
International Political Economy China’s Economics and Politics
Economic Development Comparative US and China Economic History
Globalization The 1997-1998 Asian Financial Crisis
Intro to Macroeconomics National and International Economics for MBAs
Intro to Microeconomics Economics for Engineers
Managerial Economics Intermediate Macroeconomics
TEACHING EXPERIENCE
Full Professor of Economics: Georgia Regents University Spring 2013 to Present
Full Professor of Economics; Augusta State University. Fall 2002 to Fall 2012
Visiting Full Professor of Economics; Johns Hopkins University
(Hopkins-Nanjing Center in Nanjing, China) Fall 2008 – Spring 2010; May 2012
Visiting Professor of Economics; Chulalongkorn Univ. (Bangkok). Summers 2004-2013
Visiting Professor of Economics; Seikei University (Tokyo). April – July 2003
Associate Professor of Economics; Augusta State University. Fall 1993 to Summer 2002
Assistant Professor of Economics; Augusta State University. Fall 1989 to Summer 1993
Economics Instructor; North Carolina State University: 1988‑ 1989; University of North Carolina: Summers 1986 & 1987; Cameron University: 1983-1984.
Instructor on Southeast Asia; Lawton, Oklahoma. Developed and presented a seminar on
teaching Southeast Asian refugees for the Lawton Public School System. Fall 1982
Teacher of English as a Second Language, Lampang College of Commerce and
Technology in Lampang, Thailand. Fall 1981 to Spring 1982
SCHOLARLY ACTIVITIES: (* = using a new solution to the omitted variables problem)
A. Book
*Leightner, Jonathan E. (2014), The Limits of Monetary, Fiscal, and Trade Policies: International Comparisons and a Solution (Singapore; World Scientific, 2014).
B. Articles and Chapters in Books
*Leightner, Jonathan E. (2013), “The Changing Effectiveness of Monetary Policy,” Economies 1(3):49-64 available at http://www.mdpi.com/2227-7099/1/3/49.
Leightner, Jonathan E. (2013), “Stop Turning My Father’s House into a Market,” Journal of Markets and Morality 16(2): 429-440.
* Leightner, Jonathan E. and Tomoo Inoue (2012), “Solving the Omitted Variables Problem of Regression Analysis using the Relative Vertical Position of Observations,” Advances in Decision Sciences available at http://dx.doi.org/10.1155/2012/728980/.
Leightner, Jonathan E. (2012), “Chinese Protectionism,” in Steven Rosefielde, Masaaki Kuboniwa, and Satoshi Mizobata eds., Prevention and Crisis Management: Lessons for Asia from the 2008 Crisis, (Singapore: World Scientific Publishers, 2012), 173-189.
*Leightner, Jonathan E. and Tomoo Inoue (2012), “Is China replacing the USA as an Engine for Global Growth?” International Economics & Finance Journal 7(1): 55-77.
*Leightner, Jonathan E. (2011),“Fiscal Stimulus for the USA in the Current Financial Crisis: What does 1930-2008 tell us?” Applied Economic Letters 18(6): 539-549.
*Leightner, Jonathan E. (2011), “Chinese Overtrading,” in Steven Rosefielde, Masaaki Kuboniwa, and Satoshi Mizobata eds., Two Asias: The Emerging Postcrisis Divide, (Singapore: World Scientific Publishers, 2011).
*Leightner, Jonathan E. (2010), “China’s Fiscal Stimulus Package for the Current International Crisis, What does 1996-2006 tell us?” Frontiers of Economics in China 5(1): 1-24.
Leightner, Jonathan E. (2010) “Alternative Property Systems for China,” China: An International Journal 8(2): 346-359.
*Leightner, Jonathan E. (2010) “How China’s Holdings of Foreign Reserves Affect the Value of the US dollar in Europe and Asia,” China & World Economy 18(3):24-39.
Leightner, Jonathan E. (2010), “Are the Forces that Cause China’s Trade Surplus with the USA Good?” Journal of Chinese Economic and Foreign Trade Studies 3(1): 43-53.
*Leightner, Jonathan E. and Tomoo Inoue (2009), “Negative Fiscal Multipliers Exceed Positive Multipliers during Japanese Deflation,” Applied Economic Letters 16(15): 1523-1527.
Leightner, Jonathan E. (2009), “How the Crisis is Killing One Asian Development Model, While Birthing Another One” (in Chinese), in Chi Fulin and Yin Zhongyi eds, Transformation of Development Models and Reforms in the Post-Crisis Period (Beijing: Huawen Publishing Corporation) 134-144.
Leightner, Jonathan E. (2009), “Property, Ethics, and God,” Journal of Markets and Morality 12(2): 337-358.
*Leightner, Jonathan E. and Tomoo Inoue (2008), “The Effect of the Chinese Yuan on other Asian Currencies during the 1997-1998 Asian Crisis,” International Journal of Economic Issues 1(1): 11-24.
*Leightner, Jonathan E. and Tomoo Inoue (2008), “Capturing Climate’s Effect on Pollution Abatement with an Improved Solution to the Omitted Variables Problem,” European Journal of Operational Research 191(2): 539-556.
*Leightner, Jonathan E. (2008), “Omitted Variables and how the Chinese Yuan affects other Asian Currencies,” International Journal of Contemporary Mathematical Sciences. 3(14): 645-666.
*Leightner, Jonathan E. and Tomoo Inoue (2007), “Tackling the Omitted Variables Problem without the Strong Assumptions of Proxies,” European Journal of Operational Research 178(3): 819-840.
*Leightner, Jonathan E. (2007), “Omitted Variables, Confidence Intervals, and the Productivity of Exchange Rates,” Pacific Economic Review 12(1):15-45.
Leightner, Jonathan E. (2007), “Thailand’s Financial Crisis: Its Causes, Consequences, and Implications,” Journal of Economic Issues 41(1): 61-76.
Jackson, Pamela Z. and Jonathan E. Leightner (2007), “Unrighteous Stewards,” Journal of Markets and Morality 10(2): 339-355.
Leightner, Jonathan E. (2006), “Returns to Market Power in [Thai] Financial Institutions,” Journal of the Asia Pacific Economy 11(3): 268-291.
*Leightner, Jonathan E. (2005), “Fight Deflation with Deflation, not with Monetary Policy,” The Japanese Economy: Translations and Studies 33(2): 67-93.
*Leightner, Jonathan E. (2005), “The Productivity of Government Spending in Asia: 1983-2000,” Journal of Productivity Analysis 23: 33-46.
Leightner, Jonathan E. (2005), “Utility Maximization, Morality, and Religion,” Journal of Economic Issues 39(2): 375-381.
Leightner, Jonathan E. (2004), “Response: ’Not My Will…’: Further Thoughts on Utility versus Self-Sacrificing Love,” Christian Scholar’s Review 34(1): 17-20.
Leightner, Jonathan E. (2003), “Equality and Growth in Asia,” Journal of Economic Issues 37(2): 381-388.
Leightner, Jonathan E. (2003), “Utility versus Self-Sacrificing Love,” Christian Scholar’s Review 32(3): 317-328.
Leightner, Jonathan E. (2002), “The Domestic Effects of Tight Monetary Policy in the Wake of Thailand’s Financial Crisis,” Journal of Asia Pacific Economy 7(2): 242-266.
Leightner, Jonathan E. and Ila M. Semenick Alam (2002), “Financial Crisis Hypotheses and the Productivity of Thailand’s Financial Institutions,” in Tsu-tan Fu, Cliff J. Huang, and C.A. Knox Lovell eds, Productivity and Economic Performance in the Asia-Pacific Region (Northampton, MA: Edward Elgar Publishing, Ltd) 410-432.
Alam, Ila Semenick and Jonathan E. Leightner (2001), “The Impact of the Financial Crisis on the Productivity of Thailand’s Financial Institutions,” Singapore Economic Review 46(2): 153-177.
Leightner, Jonathan E. (2001), “Maintenance,” The Journal of Applied Economics 4 (1): 107-124.
Leightner, Jonathan E. (2000), “Asia’s Financial Crisis, Speculative Bubbles, and Underconsumption Theory,” Journal of Economic Issues 34 (2): 385-392.
Leightner, Jonathan E. (1999), “Globalization and Thailand’s Financial Crisis,” Journal of Economic Issues 33 (2): 367-373.
Leightner, Jonathan E. (1999), “The Achilles’ Heel of Thailand’s Financial Market,” in Tsu-tan Fu, Cliff J. Huang, and C.A. Knox Lovell eds, Economic Efficiency and Productivity Growth in the Asia Pacific Region (Northampton, MA: Edward Elgar Publishing, Ltd.) 287-307.
Leightner, Jonathan E. (1999), “Weather-induced changes in the tradeoff between SO2 and NOx at large power plants,” Energy Economics 21:239-259.
Leightner, Jonathan E. and Jack D. Zwemer (1999), “Dental Education: An Excellent Investment for the Government,” Journal of Dental Education 63 (9): 704-708.
Leightner, Jonathan E. and C.A. Knox Lovell (1998), “The Impact of Financial Liberalization on the Performance of Thai Banks,” Journal of Economics and Business 50 (2): 115-131. Reprinted in Maximilian J. B. Hall ed, (Forthcoming) The Regulation and Supervision of Banks in Mark Blaug series ed, The International Library of Critical Writings in Economics (Edward Elgar Publishing, Ltd.).
Leightner, Jonathan E. and C.A. Knox Lovell (1998), “Weather and Pollution Abatement Costs,” The Energy Journal 19 (2): 165-189.
Leightner, Jonathan E. (1992), "The Theory Versus the Practice of Methodology," Methodus (now called The Journal of Economic Methodology) 4(2): 105 ‑ 106.
Leightner, Jonathan E. and Jeanne L. Jensen (1992), "The Political Economy Family: A Metaphor," Methodus (now called The Journal of Economic Methodology) 4(1): 19 ‑ 21.
Leightner, Jonathan E. (1992), "On the Periphery of Phenomenal Growth: Lampang, Thailand in 1981, 1991, and in the Future," Journal of Southeast Asia Business (now called The Journal of Asian Business) 8 (1): 47‑58.
Leightner, Jonathan E. (1992), "Technology Transfer and the Functional Distribution of Income in Japan: 1952 ‑ 1980," The International Trade Journal 7 (2): 221 ‑ 254.
Leightner, Jonathan E. (1992), "The Compatibility of Growth and Increased Equality: Korea," The Journal of Development Studies 29 (1): 49 ‑ 71.
Leightner, Jonathan E. (1991), "Economics, Science, and the Positive versus Normative Distinction," Methodus (now called The Journal of Economic Methodology) 3(1): 42 ‑ 43.
C. Other Print Items
Leightner, Jonathan E. (2008), “Bubbles,” International Encyclopedia of the Social Sciences, Ed. William Darity, Jr. Vol. 1. 2nd ed. Detroit: Macmillan Reference USA, pp. 378-379. Note: this entry was refereed for improvement but not selection.
Leightner, Jonathan E. (2008), “Technology Transfer,” International Encyclopedia of the Social Sciences, Ed. William Darity, Jr. Vol. 8. 2nd ed. Detroit: Macmillan Reference USA, pp. 308-309. Note: this entry was refereed for improvement but not selection.
Leightner, Jonathan E. (2006) Book Review of Institutions, Industrial Upgrading, and Economic Performance in Japan: The ‘Flying Geese’ Paradigm of Catch-up Growth, by Terutomo Ozawa. Journal of Economic Issues 40(4): 1181-1183.
Leightner, Jonathan E. (2004), Book Review of Reforming Korea’s Industrial Conglomerates, by Edward M. Graham. Journal of Economic Issues 38(1): 292-294.
*Leightner, Jonathan E. (2002), The Changing Effectiveness of Key Policy Tools in Thailand, Institute of Southeast Asian Studies for East Asian Development Network, EADN Working Paper # 19(2002) x0219-6417.
Leightner, Jonathan E., Principal Investigator, Yonok Research Center (1996). The Economic Impact of EGAT Mae Moh on Lampang Province, Thailand (Lampang, Thailand: Yonok College Press).
Schultz, Todd, and Jonathan E. Leightner (1993), "Least Squares Estimates of Input‑Output Coefficients," Proceedings of Southeast Decision Science Institute, p.143.
Ibrahim, Nabil A., Jonathan E. Leightner, and Mary F. Mobley (1992), "Authorship Analysis of Major Journals in the Field of Economics," Proceedings of the 1992 National Conference Academy of Business Administration, p. 770.
Leightner, Jonathan E. (1992), The Impact of Yonok College and of ASHA's Seed Money on Lampang, Thailand (Lampang, Thailand; Yonok Press).
Waud, Roger N. and Jonathan E. Leightner (1991), Instructor's Manual to Roger N. Waud's Economics (New York; Harper and Row).
D. Presentations
*Leightner, Jonathan E. “Solving the Omitted Variables Problem of Regression Analysis,” presented at the 2012 Spring World Congress on Engineering and Technology in Xi’an, China, May 28, 2012.
*Leightner, Jonathan E. “Business, Information, and Omitted Variables,” presented at Business and Information 2011 Conference in Bangkok, Thailand, July 6, 2011.
Leightner, Jonathan E. “The Political Economy of Export Driven and Consumption Driven Growth Models,” presented at The Political Economy of Development Workshop in Bangkok, Thailand, June 23, 2011.
Leightner, Jonathan E. “Alternative Property Systems for China,” presented at the Southern Economic Association meetings in Atlanta, Georgia, November 20, 2010.
*Leightner, Jonathan E. “China’s Response to the Global Crisis of 2008-2010,” presented at “Global Shock Wave: Rethinking Asia’s Future in Light of the Worldwide Financial Crisis and Depression 2008-2010 Symposium” in Kyoto, Japan, September 25-26, 2010.
Leightner, Jonathan E. “How the Crisis is Killing one Asian Development Model, while Birthing another one,” presented at Germany’s gtz – China’s CIRD conference on “Emerging Economies in the Post-crisis Period” in Haikou, Hainan Province, People’s Republic of China, October 31, 2009.
*Leightner, Jonathan E. “How China’s Holdings of Foreign Reserves Affect the Value of the US dollar in Europe and Asia,” presented at the Johns Hopkins University – Nanjing University Center for Chinese and American Studies in Nanjing, China, October 2008.
*Leightner, Jonathan E. and Tomoo Inoue, “The Effects of China’s Exchange Rate on other Asian Currencies during the 1997-1998 Asian Crisis and from 2005 - 2007,” presented at a CEANA session of the Allied Social Science Associations’ meetings in New Orleans, January 2008.
Leightner, Jonathan E., “The Story of the Unjust Steward: Implications for Labor,” presented at a LERA session of the Allied Social Science Associations’ meetings in New Orleans, January 2008.
*Leightner, Jonathan E. and Tomoo Inoue, “Estimating how Omitted Variables Change the Effectiveness of Japanese Fiscal Policy: 1980-2001” presented in a CEANA session of the Allied Social Science Associations’ meetings in Boston, Januray 2006.
*Leightner, Jonathan E. and Tomoo Inoue, “Towards Solving the Omitted Variables Problem,” presented in a CEANA session at the Allied Social Science Associations’ meetings in Philadelphia, January 2005.
Leightner, Jonathan E., “Utility Maximization, Ethics, and Religion,” presented at the Allied Social Science Associations’ meetings in Philadelphia, January 2005.
*Leightner, Jonathan E. and Tomoo Inoue, “The Marginal Productivity of Pollution Abatement and Omitted Variables, like Climate,” presented at the Asia Pacific Productivity Conference, in Brisbane, Australia, July 2004.
*Leightner, Jonathan E., “The Productivity of Government Policy when there are Omitted Variables,” presented at the Ministry of Finance for Thailand in Bangkok, July 2004.
*Leightner, Jonathan E., “Estimating how Omitted Variables Change the Effectiveness of Japanese Fiscal Policy: 1980-1999,” presented at
Osaka University in Osaka, Japan, May 2003.
Keio University in Tokyo, Japan, June 2003.
*Leightner, Jonathan E., “The Effectiveness of Monetary Policy for Fighting Deflation in Japan: 1970-2002,” presented at Seikei University in Tokyo, Japan, June 2003.
Leightner, Jonathan E., “Equality and Growth in Asia,” presented at the Allied Social Science Associations’ meetings in Washington DC, January 2003.
*Christopher, Jan E. and Jonathan E. Leightner, “Rethinking Welfare Reform,” presented at the Allied Social Science Associations’ meetings in Washington DC, January 2003.
*Leightner, Jonathan E., “The Effects of China’s Exchange Rate on Asian Currencies,” presented at the Hong Kong Economic Association Conference, Hong Kong, Dec. 2002.
*Leightner, Jonathan E., “The Productivity of Changes in Asian Exchange Rates,” presented at the Southern Economic Associations’ meetings in New Orleans, Nov. 2002.
Leightner, Jonathan E., “Utility versus Self-Sacrificing Love,” presented at the Pruit Memorial Symposium and Lilly Fellows National Research Conference in Waco, Texas, November 2002.
*Leightner, Jonathan E., “The Productivity of Government Spending in Asia: 1983-2000,” presented at the Asia Conference on Efficiency and Productivity Growth in Taipei, Taiwan, July 2002.