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Economics Group News

November 2014

First year MS Economics student Wesley Miller was named to the 2014 Capital One Academic All-District Football Team for District 7 within NCAA Division I athletic programs. District 7 encompasses Colorado, Idaho, Kansas, Montana, Nebraska, New Mexico, Oklahoma, Texas, and Wyoming. Wesley is a team captain for the Miners football squad and currently leads the team in tackles.

October 2014

Arturo Bujanda successfully defended his thesis project on the impacts of transportation infrastructure accessibility on multiple categories of real estate property values in the El Paso metropolitan economy.  More than 352,000 data observations were collected for the geographically weighted regression analysis employed in the study, the single largest data bank ever assembled for an MS Economics thesis project at UTEP.  Members of his advisory committee included Raed Aldouri of the Civil Engineering Department, plus Adam Walke and Tom Fullerton of the Department of Economics & Finance. Mr. Bujanda is an Associate Research Economist with the Texas Transportation Institute in El Paso.

September 2014

Diana Villavicencio successfully defended her thesis project involving an econometric analysis of population change in the Las Cruces metropolitan economy. Members of her advisory committee included Charles Martin of the History Department, plus Adam Walke and Tom Fullerton of the Department of Economics & Finance. Ms. Villavicencio has accepted a position as a Field Economist with the U.S. Department of Housing and Urban Development in Chicago.

August 2014

Ileana Resendez successfully defended her MS Economics thesis on residential electricity consumption in Arkansas. The members of her advisory committee included Charles Martin of the History Department, plus Tim Roth, Doyle Smith, and Tom Fullerton of the Department of Economics & Finance. Ms. Resendez is a Planning, Monitoring, and Evaluation Technical Manager at Heifer International.

July2014

Shwetima Joshi successfully defended her M.S. Economics thesis project entitled “Cointegration Approach towards Causality of Foreign Direct Investment and Gross Domestic Product in India.”  Members of her advisory committee included Miguel Ramos of the Department of Marketing & Management, plus Jim Holcomb and Nathan Ashby of the Department of Economics & Finance.

June 2014

Krystal Sánchez-Osio successfully defended her M.S. Economics thesis project involving an econometric analysis of higher education and direct foreign investment across the 32 states in Mexico.  Members of her advisory committee included Miguel Ramos of the Department of Marketing & Management, plus Jim Holcomb and Nathan Ashby of the Department of Economics & Finance.  Ms. Sánchez-Osio has accepted a position as a Supply Chain Manager at Protrans International, a North American logistics company headquartered in Indianapolis, Indiana.

Edward Pallarez, MS 2014, has accepted a position as a Corporate Analyst with UC Synergetic.  UC Synergetic is a national engineering and public utility consultancy headquartered in Charlotte, North Carolina.

David Ramírez, MS Economics 2014, accepted a position as an Economic Research Analyst with the Arizona Commerce Authority in Phoenix. At that post, David will conduct applied research on the Arizona state economy, its metropolitan economies, and its different regional economies.

Tom Fullerton received the 2013 Outstanding Performance in Extramural Funding Award for the College of Business Administration from the UTEP Office of Research and Sponsored Projects. The co-principal investigator on each of the externally funded research grants obtained by the Border Region Modeling Project in 2013 is Adam Walke.

May 2014

Erika Méndez successfully defended her M.S. Economics thesis project involving an econometric analysis of electricity consumption dynamics in Ciudad Juárez.  Members of her advisory committee included Heidi Taboada of the Industrial Engineering Department, plus Adam Walke and Tom Fullerton of the Department of Economics & Finance.

Edward Pallarez successfully defended his M.S. Economics thesis project involving an econometric analysis of parking meter demand in downtown El Paso.  Members of his advisory committee included Santiago Ibarreche of the Marketing & Management Department, plus Adam Walke and Tom Fullerton of the Department of Economics & Finance.

Alan Jiménez successfully defended his M.S. Economics thesis project involving an econometric analysis of retail gasoline prices in El Paso.  Members of his advisory committee included Gaspare Genna of the Political Science Department, plus Adam Walke, Yu Liu, and Tom Fullerton of the Department of Economics & Finance.

April 2014

Miguel Martínez successfully defended his M.S. Economics thesis project involving an econometric analysis of short-run price dynamics in Guatemala.  Members of his advisory committee included Gary Braun of the Accounting Department, plus Doyle Smith and Tim Roth of the Department of Economics & Finance.

March 2014

Mika Laaksonen, MS Economics 1998, was named Conference USA Indoor Track & Field Coach of the Year after he lead the UTEP Miners men’s team to the 2014 CUSA Indoor Track & Field Championship in Birmingham on Sunday 2 March 20014. This is the second CUSA team title and Coach of the Year Award for Coach Laaksonen.

November 2013

David Ramírez successfully defended his M.S. Economics thesis project on an econometric analysis of population change in Arkansas. Members of his advisory committee included Dennis Bixler-Marquez of the Chicano Studies Program, plus David Schauer, Adam Walke, and Tom Fullerton of the Department of Economics & Finance. Mr. Ramírez is an Associate Economist with the UTEP Institute of Policy and Economic Development.

September 2013

The Border Region Modeling Project received a $25,000 El Paso Water Utilities research grant to investigate metropolitan business cycle fluctuation impacts on municipal water consumption. The research will be conducted by Tom Fullerton and Adam Walke.

May 2013

Jessie Felix successfully defended his M.S. Economics thesis project on REITs and Stock Market Cointegration. Members of his advisory committee included Erik Devos and Jim Upson of the Department of Economics & Finance, plus Desmond Tsang of McGill University in Montreal. Mr. Felix is an Associate Economist with Vanguard in Scottsdale, AZ.

August 2013

Felipe Galán successfully defended his M.S. Economics thesis project on the determinants of international migration to the United States. Members of his advisory committee included Dennis Bixler-Marquez of the Chicano Studies Program and Doyle Smith and Tom Fullerton of the Department of Economics & Finance. Mr. Galán is an Economic Consultant in Ciudad Juárez and a Lecturer with the Economics Department at UACJ.

The Border Region Modeling Project received a $10,000 Hunt Communities research grant to investigate metropolitan business cycle fluctuations. The research will be conducted by Tom Fullerton and Adam Walke.

July 2013

Wesley Miller, BBA Economics 2014, received the C-USA Commissioner’s Academic Medal for a second consecutive year as a member of the Miners football team. Wes is a Cardwell Scholar at UTEP who has two years of eligibility left and will join the MS Economics program in 2014.

Avilia Bueno successfully defended her MS Economics thesis. Her research topic is "A State to State Analysis of Mexican Migration to the U.S." Members of her advisory committee included Miguel Ramos of the Marketing & Management Department, plus Doyle Smith and Nathan Ashby of the Department of Economics & Finance. Ms. Bueno is an Assistant Research Economist with the El Paso Branch of the Federal Reserve Bank of Dallas.

Tom Fullerton received an applied econometric research award from Universidad Autónoma de Nuevo León. The $400 cash award was for an empirical analysis of reverse dollarization in the form of peso payment acceptance by retail micro-enterprises in El Paso. Co-author of the study and co-recipient of the award is Mike Pisani, a Professor of International Business at Central Michigan University.

May 2013

David Macias successfully defended his M.S. Economics thesis entitled “El Paso Residential Electricity Demand.” Members of his advisory committee included Dennis Bixler-Marquez of the Chicano Studies Program and Doyle Smith and Tom Fullerton of the Department of Economics & Finance. Mr. Macias is a Financial Analyst with El Paso Electric Company.

Mika Laaksonen, MS Economics 1998, was named Conference USA Track & Field Coach of the Year after he lead the UTEP Miners men’s team to the 2013 CUSA Track & Field Championship in Houston on Sunday 12 May 20013. As a UTEP undergraduate, Coach Laaksonen was an NCAA Champion in two separate events for the Miners - the Hammer Throw and the Weight Throw.  As a UTEP graduate student, his MS Economics thesis results were published in International Journal of Forecasting.  He also worked as a Graduate Research Assistant for the Border Region Modeling Project and was named to the Beta Gamma Sigma honors fraternity for his academic achievements.

Richard Olsson, BBA Economics 2013, was a Silver Medalist in the javelin throw at the Conference USA Track & Field Championship held in Houston on Sunday 12 May 20013. An honor roll student at UTEP, Richard is also a C-USA Commissioner’s Academic Medal holder.  He will enroll in the UTEP MS Economics program this summer and still has one more year of eligibility for the Miners Track & Field team.

January 2013

The Border Region Modeling Project co-hosted the 8th Border Economic Forum on 16 January 2013 with the El Paso Branch of the Federal Reserve Bank of Dallas. Speakers at the Forum included Dr. Diana Natalicio, UTEP; John Balliew, El Paso Water Utilities; Bob Hoy, Hoy Fox Automotive Group; Josh Hunt, Hunt Companies & Mountain Star Sports Group; Jacob Cintron, Del Sol Medical Center; Jody Mullings, JPMorgan Chase Bank; Justin Chapman, Hunt Companies; Matt McElroy, City of El Paso; Dr. Roberto Coronado, Federal Reserve Bank of Dallas; Dr. Tom Fullerton, UTEP. The electronic version of the presentations of each participant are available here.

March 2013

Dr. Eugenio Alemán, Director & Senior Economist at Wells Fargo Securities, presented a seminar entitled “Prospects for the U.S. Economy and Lingering Fiscal Issues” on 11 March 2013 to the Department of Economics & Finance. F

December 2012

Pedro Niño successfully defended his MS Economics Thesis. His research examines the cross-border impacts of crime in Ciudad Juárez on the El Paso economy. Members of his advisory committee included Roberto Coronado of the Federal Reserve Bank of Dallas, Charles Bohmer of the Department of Political Science, and Tom Fullerton of the Department of Economics & Finance. Mr. Niño is an Economics Instructor at Anamarc College in El Paso.

September 2012

On September 20th, Dr. Pia Orrenius of the Federal Reserve Bank of Dallas presented a research seminar at the College of Business Administration. Her topic was “Did Operation Streamline Slow Illegal Immigration?” One of the co-authors of the study is UTEP MS Economics Alumnus Jesús Cañas, also an Eoconomist with the Research Department of the Federal Reserve Bank of Dallas.

On 26 September, the UTEP Department of Economics & Finance, in conjunction with the Border Region Modeling Project and the Center for the Study of Western Hemispheric Trade, will host a session of the 22nd Annual Mexico Colloquium on Mathematical Economics & Econometrics. The UTEP session will include presentations from faculty members from both UTEP and New Mexico State University. It will be simulcast to the electronic conference rooms at Universidad Autónoma de Ciudad Juárez, the sponsor of this year’s conference.

Teodulo Soto successfully defended his MS Economics Thesis. His research examines the impacts of oil price shocks on the metropolitan economies of El Paso and Ciudad Juarez. Members of his committee included Tom Fullerton and Doyle Smith of the Department of Economics & Finance and Gaspar Genna of the Department of Political Science. Formerly an Associate Economist with UTEP Border Region Modeling Project, Mr. Soto is a Corporate Economist in the planning department of El Paso Electric Company.

Border Region Modeling Project releases latest Mexico Consensus Economic Forecast.

May 2012

Carlos R. Morales successfully defended his thesis project in May. His research investigated the impacts of educational attainment and public infrastructure investment on regional income performance in Missouri. His thesis committee included Tom Fullerton and Doyle Smith from the Department of Economics & Finance, and Dennis Bixler-Marquez from the Department of Chicano Studies. Carlos will relocate to Western Michigan University in August in order to begin a doctoral program in the area of applied economics.

April 2012

Francisco J. Pallares successfully defended his thesis project in April. His research investigated price differences between online pharmacy brand name medicines sold in the United States and Mexico. His thesis committee included Tom Fullerton and Nathan Ashby from the Department of Economics & Finance, and Tony Payan from the Department of Political Science. Francisco will relocate to New Mexico State University in August in order to begin a doctoral program in the area of economic development.

January 2012

Border Region Modeling Project Releases New Borderplex Outlook Report.

December 2011

Azucena Gonzalez accepted a position as an Economic Analyst in the Market Research Department at GECU in El Paso. Azucena also holds a part-time position as an Economics Lecturer at El Paso Community College.

November 2011

Adam G. Walke successfully defended his MS Economics thesis project in November. His research utilized three-staged least squares and linear transfer function methods to quantify the impacts of cross-border business cycle fluctuations on mass transit demand in three Texas metropolitan economies. His thesis committee included Tom Fullerton and Doyle Smith from the Department of Economics & Finance, and Sal Hernandez from the Department of Civil Engineering. Adam accepted a position as an Associate Economist with the Border Region Modeling Project and resides in El Paso.

October 2011

Mary De Leon, MS Economics 2007, has accepted a postion as an Economist with Moody's Economy.com in West Chester, PA. Moody's Economy.com is one of the leading economic forecasting and consulting firms in the world. Prior positions Mary has held include Assistant Economist with El Paso Metropolitan Planning Organization and Associate Economist with Greater Houston Partnership. Her research has been published in International Journal of Transport Economics and Applied Economics & International Development.

September 2011

Carolina Cerda successfully defended her thesis in August. Her research examines the effects of gender on inequality aversion and altruism. Her committee members included Jim Holcomb and Nathan Ashby from the Department of Economics & Finance, and Peeter Kirs from the Department of Information & Decision Sciences.

August 2011

Raul Anton Munoz, MS Economics 2010, has accepted a position as a Labor Market Analyst with the El Paso office of Upper Rio Grande Workforce Solutions.

July 2011

Azucena Gonzalez Monzon successfuly defended her MS Economics thesis project in July. Her research utilized error correction, cointegration, vector autoregression, and vector error correction time series methods to quantify the linkages between public infrastructure investment and economic growth in El Paso. Linear programming analysis was utilized to estimate initial physical infrastructure stocks at the beginning of the sample period. Her thesis committee included Tom Fullerton and Jim Holcomb from the Department of Economics & Finance, and Joe Guthrie from the Department of Mathematical Sciences. Azucena will relocate to the University of Delaware in August in order to complete her doctoral studies in Economics.

June 2011

Tom Fullerton received an applied econometric research award from Universidad Autonoma de Nuevo Leon. The $400 cash award was for empirical analyses of maquiladora payroll dynamics in northern Mexico.

May 2011

Enedina Licerio received the MS Economics Outstanding Thesis Award at the Spring 2011 Honors Convocation.

Emmanuel Villalobos received the MS Economics Outstanding Student Award at the Spring 2011 Honors Convocation.

Tom Fullerton has been appointed by the El Paso City Council to a two-year term on the Border Relations Committee.

April 2011

Mario Elizalde successfuly defended his MS Economics thesis project in April. His research utilized a cointegration time series framework to examine gasoline consumption patterns in Mexico. His thesis committee included Tom Fullerton and Doyle Smith from the Department of Economics & Finance, and Soheil Nazarian from the Department of Civil Engineering. Mario currently works as a Research Associate at the UTEP Center for Institutional Evaluation Research and Planning.

Teodulo Soto, MS Economics student, has accepted a position as an Economist with the Corporate Planning Department at El Paso Electric Company. Teodulo previously worked as an Associate Economist with the UTEP Border Region Modeling Project.

David Macias, MS Economics student, has accpeted a position as an Economist with the Energy Trading Department at El Paso Electric Company. David previously worked as a Customs Broker with Melek in El Paso.

February 2011

Katherine White successfuly defended her MS Economics thesis project in February. Her research utilized an error correction framework to examine water consumption patterns in Halifax, Canada. Her thesis committee included Tom Fullerton and Jim Holcomb from the Department of Economics & Finance, and Gary Braun from the Department of Accounting.

January 2011

David Juarez successfuly defended his MS Economics thesis project in January. His research utilized an error correction framework to examine residential electricity consumption in Seattle. His thesis committee included Tom Fullerton and Doyle Smith from the Department of Economics & Finance, and Joe Guthrie from the Department of Mathematical Sciences.

October 2010

Dr. Tom Fullerton named to Editorial Board of Applied Econometrics & International Development.

July 2010

David Juarez has accepted a position as a Compliance Consultant with Wells Fargo Bank in El Paso. David is in the process of completing his MS Economics thesis on metropolitan area residential electricity consumption.

Raul Munoz successfully defended his MS Economics thesis. A Graduate TA and former James Foundation Scholar, Mr. Munoz thesis topic is "Premium and Discount Exchange Rates for Retail Sector Peso Purchases in El Paso."

Jacky S. Charles, MS 2010, has accepted a position as an Economist with the Ministry of Finance & Economic Affairs in St. Lucia.

June 2010

Deborah Martinez was selected to the All-Conference USA Women's Golf Team for the third consecutive year. A Senior Economics major, Deborah finished among the top 3 UTEP players in scoring average for a fourth consecutive year. Her scoring average was sub-80 every season she played for the lady Miners and dropped each year, reaching 76.9 in her final sojourn as an NCAA collegiate golfer. An honor roll student at UTEP, Deborah was also been named to the C-USA Commissioner's Academic Honor Roll during her first three seasons as a Lady Miner and was twice named to the C-USA Women's Golf All-Academic during her Sophomore and Junior years. With her classroom performance this past year, more academic accolades are likely. Deborah is scheduled to enroll in the UTEP MS Economics program during the Summer 2010 session.

May 2010

Enedina Licerio successfully defended her MS Economics thesis on international regulatory burden income impacts. Enedina also accepted a position as an Economist with the Load Research Department at El Paso Electric Company.

Emmanuel Villalobos successfully defended his MS Economics thesis on housing attribute preferences in El Paso. Emmanuel is an Energy Trader with El Paso Electric Company.

April 2010

Jacky Charles successfully defended her MS Economics thesis. The subject of her research was an error correction analysis of tourism flows to the Bahamas.

Emmanuel Villalobos, MS Economics student, has accepted a position as an Energy Trader with El Paso Electric Company.

January 2010

Teodulo Soto, David Juarez, and David Rodriguez have been named James Foundation Scholars for the 2009/2010 academic year.

November 2009

Mark Freeman, a graduate student in the MS Economics program, has been selected for a prestigious international economics intenship with the USDA Foreign Agriculture Service in the Dominican Republic for the Spring 2010 semester.

October 2009

David A. Schauer was named Principal Investigator for a research project to investigate the El Paso Regional Growth Management Plan.  This technical study is funded by the City of El Paso and Scientific Applications International Corporation (SAIC).

Nathan Ashby has been named to a two-year term as a Western Hemispheric Trade Professor by the UTEP College of Business Administration.

Doyle Smith, Tom Fullerton, and Sergio Contreras received the Best Paper Award for Economics & Finance Research at the 51st Annual Mountain Plains Management Conference held in Grand Junction, Colorado.  Their study examines regional patterns in commercial electricity consumption in the United States.

Nathan Ashby was awarded a $10,500 grant from the Charles G. Koch Foundation for a new honors course and lecture series for the Spring 2010 semester.  The course will be titled “Institutions and Economic Development” and is listed as ECON 4330.  All interested students must turn in an application, essay, and letter of recommendation.  Qualifying students will be recognized as Koch Scholars and receive $300 stipends.  The deadline to apply is 30 October 2009. Applications are available in Room 236 of the College of Business Administration.

Nathan Ashby was awarded a $10,745 grant from the Fraser Institute to manage the Economic Freedom of North America project.

September 2009

Tom Fullerton was invited by the Department of Economics at Texas A&M University to present “Peso Acceptance Patterns in El Paso,” at the Hispanic & African American Economic Issues Conference in College Station, Texas.

August 2009

Tom Fullerton presented “Precisión de Pronósticos Econométricos de Consumo Municipal de Agua en la Región Fronteriza” as part of the Foro de Resultados de Investigación Conference at Universidad Autónoma de Ciudad Juárez.

Angel Molina presented “Municipal Water Forecast Accuracy” at the Joint Statistical Meetings sponsored by the American Statistical Association in Washington, DC.

July 2009

Tom Fullerton presented “Restaurant Price and Exchange Rate Interactions” at the 84th Western Economic International Association Conference in Vancouver, British Columbia.

May 2009

Nathan Ashby presented “Economic Freedom and Entrepreneurship in North America” at the Kauffman Hispanic Entrepreneurship Conference held at UTEP.

Tom Fullerton presented “Peso Acceptance Patterns in El Paso” at the Kauffman Hispanic Entrepreneurship Conference held at UTEP.

April 2009

Nathan Ashby presented “Freedom and International Migration” at the Association of Private Enterprise Education in Guatemala City, Guatemala.

Nathan Ashby presented “Economic Freedom in the Mexican States” to students at the University of Texas-Pan American in McAllen, Texas.

Tom Fullerton presented “Empirical Evidence regarding International Bridge Tolls” as part of the New Mexico State University Department of Economics & International Business Seminar Series in Las Cruces, New Mexico.

February 2009

Nathan Ashby presented “NAFTA: Balancing Security and Trade” at the National Center for Border Security and Immigration symposium hosted by UTEP.

Nathan Ashby was awarded a $3,635 University Research Institute Grant for work on economic freedom in the Mexican states

December 2008

Tim Roth concluded a 24-month speaking tour of Texas during which he addressed 43 civic and other organizations in El Paso, Austin, Borger, Dallas, Houston, Kerrville, Midland, New Braunfels, Odessa, San Antonio, Tyler, and Weatherford.  Topics covered included several public policy themes, including constitutional issues involving Federal government overreach.

November 2009

Tim Roth, recipient of the University’s 2005 Faculty Achievement Award for Research, continued to make guest speaking appearances related to the award.  In his nominating letter, Nobel prize winning Economist James M. Buchanan said that “Roth is doing some of the most interesting, and ultimately most important, work being done in economics at this time.”   Professor Buchanan has favorably reviewed a number of Dr. Roth’s books.  His review of Dr. Roth’s 2007 book, Morality, Political Economy and American Constitutionalism stated, among other things, that “This book should be required reading for any aspirant to public office, whether executive, legislative, or judicial.”  Dr. Roth’s eleventh book, Politicians, Economists and the Supreme Court at Work: The Founders Betrayed will be published in 2010 by Edward Elgar Publishing.

David A. Schauer was named Principal Investigator for a research project to investigate The Economic Impact of Museums and Cultural Activities in El Paso, Texas.  This technical study is funded by the City of El Paso and Americans for the Arts.

Tom Fullerton presented “Borderplex Recessionary Prospects” at the Del Sol Medical Center Senior Management Retreat in El Paso.

Nathan Ashby presented “Freedom and International Migration” at the Southern Economic Association Conference in Washington, DC.

Nathan Ashby presented “Economic Freedom in the United Mexican States” at the Coloquio Internacional de Desarrollo Económico y Globalización held at Universidad Autónoma de Ciudad Juárez.

October 2008

Tom Fullerton presented “Tolls, Exchange Rates, and Border Bridge Traffic” at the 66th International Atlantic Economic Society Conference in Montreal, Quebec.

Tom Fullerton was invited by the Department of Economics at Texas A&M University to present “Borderplex Law of One Price Deviation Duration Evidence” at the Hispanic Economic Issues Conference in College Station, Texas.

June 2008

Tom Fullerton presented “Cross-Border Brand Name Price Differences” at the Oxford University Business & Economics Conference in Oxford, UK.

Tom Fullerton presented “Tendencias a Largo Plazo para la Economía Metropolitana de Ciudad Juárez” to the Instituto Mexicano de Ejecutivos de Finanzas in Ciudad Juárez.

April 2008

Tom Fullerton was invited by the University of Arkansas at Little Rock Institute for Economic Advancement to present “Borderplex Population Modeling and Data Requirements” as part of the applied research seminar series in Little Rock, Arkansas.

February 2008

Angel Molina presented “Borderplex Economic Trends” to the Greater El Paso Association of Realtors.

January 2008

Angel Molina presented “El Paso 2008 Economic Outlook” presented to the El Paso Sunrise Rotary Club.



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