Orrin Gulley

Current research focuses on the UK national lottery, financial markets, and health care markets. Fields of interest include macroeconomics, monetary economics, financial economics, and public finance. Has presented papers at numerous national and international conferences. Publications have appeared in Economic Inquiry, National Tax Journal, Journal of Macroeconomics, and Applied Financial Economics, among others.

Education

• Ph.D. Univ of Kentucky-Lexington
• M.A. University of Kentucky
• B.A. Alma College

Teaching Interests

Financial Markets; Monetary Economics; Macroeconomics

Research Interests

National and State Lotteries; Health Care Markets; Monetary Policy; Interest Rates

Awards and Honors

• 2015, Innovation in Teaching Award, Bentley Unversity
• 2014, Gregory H. Adamian Award for Excellence in Teaching, Bentley University
• 2010, Innovation in Teaching Award, Bentley University
• 2003, Bentley College Scholar of the Year, 2003
• 2003, Gibbons Research Professor, 2000-2003

Publications

Journal Articles

• Gulley, O. D. (2018). The Optimal Structure of Lotto games. Economics and Business Letters, (7) 4 156-161.
• Gulley, O. D., Jackson, A. L. (2016). A Case Study on Using Instructor-Recorded videos in an Upper Level Economics Course. International Review of Economics Education/Elsvier, (23) 28-33.
• Gulley, O. D., Jackson, A. L. (2015). Teaching a Class Dedicated to the College Fed Challenge Competition. Eastern Economic Journal.
• Gulley, O. D., Sultan, J. (2011). Economics, Politics, and the Federal Funds Markets: Does the Fed Play Politics?. Applied Financial Economics, (21) 14 1005-1019.
• Kamis, A., Haughton, D. M., Gulley, O. D., Scholten, P. A. (2010). A Structural Equation Model of Gambling in the United Kingdom. International Journal of Statistics & Economics, (5) A10
• Forrest, D., Gulley, O. D., Simmons, R. (2010). The Relationship between Betting and Lottery Play. Economic Inquiry, (48) 1 26-38.
• Gulley, O. D., Forrest, D. (2009). PARTICIPATION AND LEVEL OF PLAY IN THE UK NATIONAL LOTTERY AND IMPLICATIONS FOR REGULATING AND TAXING LOTTERIES AND OTHER 'VICES'. International Journal of Gambling Studies, (9) 2 165-178.
• Santerre, R., Gulley, O. D. (2007). Market Structure Elements: The Case of California Nursing Homes. Journal of Health Care Finance, (33) 4 1-16.
• Gulley, O. D., Forrest, D., Simmons, R. (2004). Substitution Between Different Games of the U.K. National Lottery. Applied Economics, (36) April 645-651.
• Gulley, O. D., Sultan, J. (2003). Financial Market Reaction to Monetary Policy. Applied Financial Economics, (13) 199-209.
• Gulley, O. D., Santerre, R. (2003). Nursing Home Care Availability in the U.S.: The Role of Market, Regulatory, and Fiscal Factors. Eastern Economic Journal, (29) 93-104.
• Gulley, O. D., Sultan, J. (2003). The Link Between Monetary Policy and Stock and Bond Markets: Evidence from the Federal Funds Futures Contract. with David Gulley. Applied Financial Economics, (13) 2003 199-209.
• Forrest, D., Gulley, O. D., Simmons, R. (2000). Elasticity of Demand for U.K. National Lottery Tickets. National Tax Journal, (53) 853-864.
• Forrest, D., Gulley, O. D., Simmons, R. (2000). Testing for Rational Expectations in the UK National Lottery. Applied Economics, (32) 315-326.
• Gulley, O. D., Sultan, J. (1998). Consumer Confidence Announcements: Do They Matter?. Applied Financial Economics, (8) 155-166.
• Sumner, S. B., Gulley, O. D. (1998). Money Demand and Nominal Debt: An Equilibrium Model of the Liquidity Effect. Journal of Macroeconomics, (20) 267-293.
• Fletcher Brown, D., Gulley, O. D. (1996). Forecasting the Real Interest Rate. North American Journal of Economics and Finance (Spring): 55-76. Spring 55-76.
• Scott Jr., F. A., Gulley, O. D. (1995). Testing for Efficiency in Lotto Markets. Economic Inquiry, (33) 175-188.
• Gulley, O. D. (1994). An Empirical Test of the Effects of Government Deficits on Money Demand. Applied Economics, (26) 239-247.
• Gulley, O. D., Scott Jr., F. A. (1993). The Demand for Wagering on State-Operated Lotto Games. National Tax Journal, (46) 13-22.
• Gulley, O. D., Santerre, R. (1993). The Effect of Tax Exemption on the Market Share of Nonprofit Hospitals. National Tax Journal, (46) 477-486.
• Gulley, O. D. (1992). Are Saving and Investment Cointegrated? Another Look at the Data. Economics Letters, (39) 55-58.
• Gulley, O. D., Scott Jr., F. A. (1989). Lottery Effects on Pari-Mutuel Tax Revenues. National Tax Journal, (42) 89-93.

Book Chapters

• Gulley, O. D., Sultan, J. (2009). The Effects of Global Terrorism on Risk Premium: Evidence from Stock Markets In Mathew Morgan, (Eds.) . new York: Palgrave Mcmillan
• Gulley, O. D. (1995). Is the Real Interest Rate Stable? Further Evidence In Dilip K. Ghosh, (Eds.) . 199-207. New York: Pergamon Press
• Gulley, O. D., Forrest, D. (). The Efficiency of Lotto Markets In , (Eds.) Handbook of Gambling Markets. Oxford University Press Forthcoming.