Research of Houston H. Stokes
Ph.D., University of Chicago, 1969

Professor of Economics
Department of Economics

2122 University Hall
Work: 312-996-0971
Fax: 312-996-3344
Home: 773-643-4383
hhstokes@uic.edu

Vita link

Houston H. Stokes Vita Word 97 Version



Links to Books in Print

Specifying and Diagnostically Testing Econometric Models (ed 2)

By Houston H. Stokes, Greenwood (1997)


New Methods in Financial Modeling: Explorations and Applications

By Houston H. Stokes and Hugh M. Neuburger, Greenwood (1998)


Published Paper links


5. Real Money Balances: An Omitted Variable From the Production Function (With Alen Sinai) RES 72

6.The Effect of Exchange Rate Intervention: Comment SEJ 72

7. The relationship between Arbitrage, Spot Speculation and Forward Speculation: A Comment on Tsiang AER 1973

10. Trade Peace in the Pacific Through a Free Trade Area with Richard Kosobud Journal of International Affairs, Vol. 28. No. 1, 1974

11. German Banks and German Growth 1883-1913: An Empirical View with Hugh Neuburger JEH 1974

13. German Banking and Japanese Banking: A Comparative Analysis with Hugh Neuburger JEH 1975

14. Real Money Balances: An Omitted Variable From the Production Function? Reply to Comments with Allen Sinai RES 1975

15. The Effect of Forward Exchange Intervention: Reply SEJ 1975

20. German Banking and German Growth: Reply to Fremdling and Tilly (with Hugh Neuburger) JEH 1976

22. Real Money Balances as a further Variable in the Production Function -- A Further Reply (with Allen Sinai) Journal of Money anbd Credit Vol IX # 2 May 1977 pp 372-373

28. The Anglo-German Trade Rivalry, 1887-1913: A Counterfactural Outcome and Its Implications (with Hugh Neuburger) Social Science History 1979

29. The Relationship between Interest Rates and Gold Flows Under the Gold Standard: A New Empirical Approach (with Hugh Neuburger) Economica 1979

30. The Effect of Monetary Changes on Interest Rates: A Box-Jenkins Approach (with Hugh Neuburger) RES 1979

34. Effects of Alternative Seasonal Adjustment Procedures on Monetary Policy: Comment Journal of Econometrics Sept 1980

35. Money and the Production Function - A Reply to Boyes and Kavanaugh (with Allen Sinai) RES May 1981

36. Real Money Balances and Production: A Partial Explaination of Japanese Economic Development (with Allen Sinai) Hiototsubashi Journal of Economics, Vol 21, # 2 Feb 1981, pp 69-81

49. Determinants of the Female Occupational Distribution: A Log-Linear Probability Analysis (with Evelyn Lehrer) RES 1985

54. "Measuring Expected Inflation: Further tests in the Frequency Domain of a Proposed New Measure," Eastern Economic Journal Vol. XVI, No. 4 October-December 1990, pp 339-348

59. "Money Balances in the Production Function: A Retrospective Look," with Allen Sinai, Eastern Economic Journal, Vol XV, No. 4 October-December 1989, pp 349-363

67. "Real Money Balances in the Production Function: A Comment," with Allen Sinai, Eastern Economic Journal Vol. XVII, No. 4. October-December 1991, pp. 533-535

77. "Why are the Effects of Money-Supply Shocks Asymmetric? Evidence from Prices, Consumption and Investment," (with Georgios Karras) Journal of Macroeconomics, 21, (1999) No. 4

78. "Time Varying Criteria for Monetary Integration: Evidence from the EMU" (with Georgios Karras International Review of Economics and Finance," 10 (2001)

79. "Tradable Environmental Pollution Credits: A New Financial Asset," with Richard Kosobud and Carol Tallarico, The Review of Accounting and Finance, Vol. 1. Number 4, (2002) 69-88.

80. On the Advantage of Using Two or more Software Systems to Solve the Same Problem Journal of Economic and Social Measurement 2004

Output #1 of Probit Paper

Output #2 of Probit Paper

B34S Control file # 1 of Probit Paper

B34S Control file # 2 of Probit Paper


81. Does Emissions Trading Lead to Air Pollution Hot Spots? Evidence From the Chicago Ozone Control Program (with Richard Kosobud and Carol Tallarico)

82. The Evolution of Econometric Software Design: A Developer's view Journal of Rconomic and Social Measurement 2004

83. Econometric Software as a Theoretical Research Tool Journal of Economic and Social Measurement 2004

84. Valuing Tradable Private Rights to Pollute the Public's Air (With Ricard Kosobud, Carol Tallarico and Brian Scott

85. Sources of Exchange Rate Volatility: Impulses or Propagation (With Jin-Man Lee and Georgios Karras


86. The Sensitivity of Econometric Results to Alternative Implementations of Least Squares (Journal of Economics and Social Measurement)


87. Why are Postwar Cyclies Smoother? Impulses or propagation? (Journal of Economics and Business 2006)


88. Re-examining 50-year-old OLS estimates of the Klein-Goldberger Model (Statistica Neerlandica (2006) with Renfro & McCullough


89. Unlocking the Sources of the Apparent episodic Stationarity of the P/E Ratio: Impulses or Propagation?" with Georgios Karras, Jin Man Lee and Hugh Neuburger, The Review of Accounting and Finance,60. No. 3 (2007) 339-348.


91. Regulatory Conflict in the Chicago VOC Control Program," with Richard Kosobud, Joshua Linn, and Carol Tallarico, Journal of Environmental Planning and Management, 51, No. 4 (July 2008) 561-579.


92. A benchmark-free approach to access the accuracy of an OLS model calculation in an econometrically uncertain world," Journal of Economic and Social Measurement, 33, No. 1 (2008) 1-17.


93. Density-dependent growth of Alaska sockeye salmon in relation to climate-oceanic regimes, population abundance, and body size, with E. C. Martinson, J. H. Helle and D. L. Scarnecchia, Inter-Research Marine Ecology Progress Series, Vol 370 1925-1998, (October 2008) 1-18.


93. Slides for Paper # 93. Density-dependent growth of Alaska sockeye salmon in relation to climate-oceanic regimes, population abundance, and body size. With E. Martinson, J. Helle, D. Scarnecchia

94. Growth and Survival of sockeye salmon (Oncorhynchus nerka) from Karluk Lake and River, Alaska, in relation to climate and oceanic regimes and indicied, 1922-2000 Fish. Bull 107:488-500 (2009) With E. Martinson, J. Helle, D. Scarnecchia

95. Alaska Sockeye Salmon Scale Patterns as Indicators of Climatic and Oceanic Shifts in the North Pacific Ocean, 1922-2000. North Pacific Anadromous Fish Commission Bull 5 :177-182 (2009) With E. Martinson & J. Helle & D. Scarnecchia

96. Detecting and Modeling Nonlinearity in the Gas Furnace Data. With Melvin Hinich Computational Statistics July 2010

97. Monetary Policy and the Housing Bubble, with John F. McDonald, Journal of Real Estate, Finance and Economics Vol. 46 # 3 2013 pp 437-451

98. Use of juvenile salmon growth and temperature change indices to predict ground post age-0 class strengths in the Gulf of Alaska and eastern Bearing Sea, Fisheries Oceanography

99. The Housing Price Bubble, Monetary Policy and the Foreclosure Crisis in the US" with John McDonald. Forthcoming in Applied Economic Letters

100. Dynamics of Housing Price: Foreclosure Rate Interactions Crisis in the US" with John McDonald ISRN Economics Vol. 2013 ID 250459

101. Monetary Policy, Mortage Rates and the Housing Bubble" with John McDonald Economics and Finance Research : An Open Access Journal 2013 Vol:1 pp 82-91

102. Money Balances in the Production Function: Nonlinearity Tests of Model Stability and Measurement Issues - Two Sides of the Same Coin. Journal of Economic Asymmetries 2013.

103. Monetary Policy, Fiscal Policy, and the Housing Bubble Modern Economy 2015, 6, **.**

104. Using nonlinear testing procedures to specify the right hand side of an aggregate production function containing financial variables in the period 1967-2011. Journal of Economic Asymmetries 2016.

FTP Location for papers - For paper # see Vita



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