Wm. Stewart Mounts, Jr.

Interim Dean and Professor of Economics

Macon/Stetson Hall 212

(478) 301-2837

Mounts_WS@Mercer.Edu

Education:

Ph.D., Economics, University of Georgia, l977

M.A., Economics, University of Georgia, l974

B.B.A., Economics, University of Georgia, l972

Academic Experience:

- Mercer University

Professor of Economics – 1990 to Present

Associate Professor of Economics – 1984-l990

Assistant Professor of Economics – 1978-1983

- Winthrop College

Assistant Professor of Economics – 1977-1978

- University of Georgia

Instructor of Economics – 1974-1977

Published Research: Peer Reviewed Journals

“The Influence of Economists on Public Attitudes Toward Government,” THE AMERICAN ECONOMIST forthcoming (with Scott Beaulier of Beloit College and William J. Boyes of Arizona State University)

“Why Odd Pricing?” JOURNAL OF APPLIED SOCIAL PSYCHOLOGY, Vol. 37 (May 2007), 1130-1140. (with Allen K. Lynch of Mercer University and William J. Boyes of Arizona State University)

“Budget Regimes and Internal Governance: Considerations for the Sustainability of Fiscal Policy,” ECONOMICS OF GOVERNANCE, Vol. 6 (November 2005), 199-209 (with Clifford B. Sowell of Berea College)

“Ability, Age and Performance: Conclusions from the Ironman Triathlon World Championship,” JOURNAL OF SPORTS ECONOMICS, Vol. 6 (February 2005), 78-97. (with Clifford B. Sowell of Berea College)

“Restaurant Tipping: Free-Riding, Social Acceptance, and Gender Differences,” JOURNAL OF APPLIED SOCIAL PSYCHOLOGY, Vol. 34 (December 2004), 2616-2628. (with William J. Boyes of Arizona State University and Clifford B. Sowell of Berea College)

Research Presentations:

“An Alternative to Bank Charters: Money Creation, Lending Rights and Valuing Default Risk in Financial Intermediation,” Northeastern Finance and Economics Association, Western Economics Association, June 2006 (with James R. Marchand, Mercer University and James T. Lindley, University of Southern Mississippi)

“A Model of the Banking Firm, Asymmetric Information, and the Behavior of Excess Reserves after the Bank Holiday,” Wesleyan College, February 2005 (with James T. Lindley, University of Southern Mississippi and Clifford B. Sowell, Berea College)

“MBA Decision Statistics: A Search for Relevance,” Decision Science Institute, November 2004 (with Linda L. Brennan, Mercer University and Allen K. Lynch, Mercer University)

“Odd Pricing: A Few Nobel Considerations,” Southwestern Society of Economics, March 2004 (with William J. Boyes, Arizona State University, and Allen K. Lynch, Mercer University).

“Revisiting the Excess Reserve Anomaly of the 1930s: The Nature of the Banking Enterprise and the Consequences of the ‘Bank Holiday’,” Texas Tech University, October 2003 (with James T. Lindley , University of Southern Mississippi, and Clifford Sowell, Berea College).

Published Research: Other

“From Entrepreneur to Manager: An Economic Transition,” in Entrepreneurship and its Economic Significance, Behavior and Effects, (with Scott Beaulier of Mercer University and Josh Hall of Beloit College) Nova Science Publishers, Inc., forthcoming.

Instructor's Resource Manual for Taylor, John B. ECONOMICS, Houghton Mifflin Company, 2008 (with John B. Taylor, Stanford University and Clifford Sowell, Berea College). Currently in sixth edition.

Microeconomics Study Guide for Taylor, John B. ECONOMICS, Houghton Mifflin Company, 2008 (David Papell, University of Houston). Currently in sixth edition.

Working Papers:

The Economics of Teamwork: Evidence from the Postal Cycling Team

An Extreme-Value Analysis of Fed Funds Under Central Bank Transparency

Bank Excess Reserves in the 1930s: A Microeconomic Measure of the Cost of Credit Intermediation

Memberships:

American Economic Association National Association of Forensic Economics

Southern Economic Association