Stephen Spear

PHONE

412-268-8831

OFFICE

POS - Posner Hall - Room 251

AREA OF EXPERTISE

Economics

EDUCATION

University of Pennsylvania - Ph D (Economics) - 1982
Beloit College - BA (English Literature) - 1974

PUBLICATIONS

• Two Sector Growth, Optimal Growth and the Turnpike: amalgamation and metamorphosis

(author(s): Stephen Spear, Warren Young) Macroeconomic Dynaimcs, Cambridge University Press

• `Performance parking'' can lower average parking rates while raising more money for Pittsburgh.

(author(s): Mark Fichman, Stephen Spear, Robert Hampshire, Tayo Fabusuyi) Pittsburgh Post Gazette, 2014

• Optimum Savings And Optimal Growth: The Cass-Malinvaud-Koopmans Nexus

(author(s): Stephen Spear, Warren Young) Macroeconomic Dynamics 18(1), 2014; 215-243

• The Collected Scientific Works Of David Cass
  International Symposia in Economic Theory and Econometrics Series #21

(author(s): Stephen Spear, William Barnett) Emerald Press 1-3, 2011

• Endogenous Market Incompletness Without Market Frictions

(author(s): Stephen Spear, Espen Henriksen) Journal Of Economic Theory, 2010

• Learning Competitive Equilibrium

(author(s): Stephen Spear, S Crockett, S Sunder) Journal Of Mathematical Economics 44(7-8), 2008; 651-671

• Comment On Mirowksi''s ''Markets Come To Bits''

Journal Of Economic Behavior And Organizations 63(2), 2007; 316-320

• When To Fire A CEO: Optimal Termination In Dynamic Contracts

(author(s): Stephen Spear, Cheng Wang) Journal Of Economic Theory 120(2), 2005

• Shaking The Tree: An Agency Theoretic Model Of Asset Pricing

(author(s): Stephen Spear, Jamsheed Shorish) Annals Of Finance 1(1), 2005; 51-72

• Introduction To General Equilibrium, Incomplete Markets, And Sunspots: A Symposium In Honor Of David Cass

(author(s): Stephen Spear, Alessandro Citanna, John Donaldson, Herakles Polemarchakis, Paolo Siconolfi) Economic Theory 24(3), 2004

• Festschrift For Karl Shell

(author(s): Stephen Spear, James Peck) Journal Of Economic Theory 109(2), 2003

• The Electricity Market Game

Journal Of Economic Theory 109(2), 2003

• An Interview With Karl Shell

(author(s): Stephen Spear, Randall Wright) Macroeconomic Dynamics 5(5), 2001

• An Interview With David Cass

(author(s): Stephen Spear, Randall Wright) Macroeconomic Dynamics 2(4), 1998

• Endogenous Strategic Business Cycles

(author(s): Stephen Spear, David Kelly, Aditya Goenka) Journal Of Economic Theory 81(97), 1998

• Expectationally-Driven Market Volatility: An Experimental Study

(author(s): Stephen Spear, Shyam Sunder, Ramon Marimon) Journal Of Economic Theory 61(1), 1993

• Evaluating Dimensionality In Spatial Voting Models

(author(s): Stephen Spear, Fallaw Sowell, Keith Poole) Mathematical And Computer Modelling 16(8/9), 1992

• Stationary Equilibria With Incomplete Markets And Overlapping Generations

(author(s): David Casss, Richard Green, Stephen Spear) International Economic Review 33(3), 1992; 495-512

• The Market Game: Existence And Structure Of Equilibrium

(author(s): Stephen Spear, James Peck, Karl Shell) Journal Of Mathematical Economics 21, 1992

• Growth, Externalities And Sunspots

Journal Of Economic Theory 50(2), 1991

• Indeterminacy Of Equilibria In Stochastic Overlapping Generations Models

(author(s): Stephen Spear, Sanjay Srivastava, Michael Woodford) Journal Of Economic Theory 50(2), 1990

• When Are Small Frictions Negligible?
  Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity

Cambridge University Press, 1989

• Are Sunspots Necessary?

Journal Of Political Economy 97(4), 1989

• Learning Rational Expectations Under Computability Constraints

Econometrica 57(4), 1989

• Existence And Local Uniqueness Of Functional Rational Expectations Equilibria In Dynamic Economic Models

Journal Of Economic Theory 44(1), 1988

• An Overlapping Generations Model Of Electoral Competition

(author(s): Stephen Spear, Alberto Alesina) Journal Of Public Economics 37, 1988

• On Repeated Moral Hazard With Discounting

(author(s): Stephen Spear, Sanjay Srivastava) Review Of Economic Studies 54(4), 1987

• Markov Rational Expectations Equilibria In A Stochastic Overlapping Generations Model

(author(s): Stephen Spear, Sanjay Srivastava) Journal Of Economic Theory 38(1), 1986

• Rational Expectations In The Overlapping Generations Model

Journal Of Economic Theory 35(2), 1985

• Sufficient Conditions For The Existence Of Sunspopt Equilibria"

Journal Of Economic Theory 34(2), 1984

WORKING PAPERS

• Sequential incompleteness and dynamic suboptimality in stochastic OLG economies with production

(author(s): Stephen Spear, Fabrizio Orrego)

• The Market Game with Production and Arbitrary Returns to Scale

(author(s): Stephen Spear, Cidgem Korpeglu)

• Generalizations of optimal growth theory: stochastic models, mathematics, and meta-synthesis

(author(s): Stephen Spear, Warren Young)

• Executive Compensation and the Life-Cycle

(author(s): Stephen Spear, Cidgem Korpeglu)

UNIVERSITY SERVICE

• Library Dean Search Committee, Committee Member, Library Dean search (2012 - 2013)

PROFESSIONAL ACTIVITIES

• Treasurer, Society for Economic Measurement (January 2012 -)
• Associate Editor, Macroeconomic Dynamics (January 2002 -)

COURSES TAUGHT

• LEGO: BLDG ECON ANLY (73155) 2015 Section: A

• Dynamic Competitive Analysis (47803) 2015 Mini 3 Section: A
  2013 Mini 3 Section: A
  2012 Mini 3 Section: A
  2010 Mini 3 Section: A
  2009 Mini 3 Section: A
  2008 Mini 3 Section: A
  2007 Mini 3 Section: A
  2006 Mini 4 Section: A

• GLBL ELECTRONIC MKTS (73469) 2014 Section: A
  2013 Section: A

• Microeconomics II (47801) 2014 Mini 2 Section: A
  2013 Mini 2 Section: A
  2012 Mini 2 Section: A
  2011 Mini 2 Section: A
  2010 Mini 2 Section: A
  2009 Mini 2 Section: A
  2008 Mini 2 Section: A
  2007 Mini 2 Section: A

• ECONOMICS OF IDEAS (73474) 2014 Section: A
  2013 Section: A

• Global Electronic Markets: Econ & the Internet (73469) 2012 Section: A

• Economics of Ideas:Growth,Innovation&IntelP (73474) 2012 Section: A
  2011 Section: A
  2010 Section: A
  2008 Section: A
  2007 Section: A

• Global Electronic Markets:Economics&Interne (73469) 2011 Section: A
  2010 Section: A
  2009 Section: A
  2008 Section: A
  2007 Section: A
  2006 Section: A

• Microeconomics I (47800) 2006 Mini 1 Section: A

• Economics of Ideas (73474) 2006 Section: A

• General Equilibrium Theory (47804) 2006 Mini 3 Section: A

• Economics of E-Commerce (73469) 2005 Section: A