ROBERT
KROL
Professor
of Economics
Department of Economics
California State University, Northridge
Northridge, CA 91330-8374
(818) 677-2430 (office)
E-mail: robert.krol@.csun.edu
EDUCATION
Ph.D.
Economics, 1982, Southern Illinois University, Carbondale
PROFESSIONAL
EXPERIENCE
8/83-Present:
Professor, Department of Economics, California State University, Northridge
7/92-8/98: Consultant, Milken Institute, Santa Monica, CA
9/81-7/83:
Economist, Security Pacific Bank, Economics Department, Los Angeles, CA
PUBLICATIONS
“Budget Rules and State Business Cycles," Public Finance Review, forthcoming (with S. Svorny)
“Unions
and Employment Growth: Evidence from State Economic Recoveries,” Journal of
Labor Research, forthcoming
"The Effect of Rent Control on Commute Times," Journal of Urban Economics, 58(3):421-436, November 2005 (with S. Svorny)
"The Collapse of a Noble Idea" (describes the failure of the Los Angeles Community Development Bank), Regulation, V27(4):30-33, Winter 2005 (with S.
Svorny)
“Infrastructure
and Economic Development,” in the Encyclopedia
of Public Administration and Public Policy, edited by Tom Liou and Jack
Rabin, 2003
“Cross-Country
Evidence on Capital Account Liberalization and Economic Growth,” Global
Economy Quarterly, January-March 2001
“The
Role of Public Capital in the Economic Development Process,” International Journal of Public Administration, October 2001
“The
Case for Open Global Capital Markets,” Cato
Trade Policy Briefing Paper, March 2001
“The
Impact of Financial Development on Growth in Emerging Economies,” Jobs
& Capital, Spring 1998 (with J. Ortenzi)
"Public
Infrastructure and Economic Development," in the Handbook
of Economic Development, edited by Tom Liou, June 1998
"A
Survey on the Impact of Budget Rules on State Taxation, Spending, and Debt," Cato Journal, Winter 1997
"The
Effect of the Bank Regulatory Environment on State Economic Activity," Regional Science and Urban Economics, August 1996 (with S. Svorny)
"International
Capital Mobility: Evidence from Panel Data," Journal
of International Money and Finance, June 1996 reprinted in The International
Library of Critical Writings in Economics
Series Editor: Mark Blaug International
Financial Integration, Sylvester Eijffinger and Jan Lemmen (eds.), 2003
"Can
Budget Rules Help Control the Growth of Government?" Jobs
& Capital, Summer 1996
"Testing
Tariff Endogeneity in Japan: A Comparison of Pre- and Postwar Periods,"
"Public
Infrastructure and State Economic Development," Economic
Development Quarterly, November 1995
"Can
State-Level Deregulation Affect Economic Well-being?" Jobs
& Capital, Fall 1995 (with S. Svorny)
"Regulation
and Economic Performance: Lessons from the States," Cato Journal, Spring-Summer 1994 (with S. Svorny)
"Inner
Cities and Long-Run Government Policy," Jobs
& Capital, Spring 1994 (with S. Svorny)
"Trends,
Random Walks and Persistence: An Empirical Study of U.S. Industrial
Production," The Review of Economics
and Statistics, February 1992
"Money
and the U.S. Business Cycle: An Analysis Using Disaggregated Industrial
Production," Economics Letters, September 1991
"The
Impact of Stochastic and Deterministic Trends on Money-Output Causality: A
Multi-Country Investigation," Journal
of Econometrics, September 1990 (with L. Ohanian)
"The
Information in the Term Structure of Eurocurrency Interest Rates," Economics Letters, December 1989
"A
Time-Series Analysis of U.S. Petroleum Industry Inventory Behavior," Energy Journal, October 1987 (with S. Svorny)
"The
Term Structure of Eurodollar Interest Rates and its Relationship to the U.S.
Treasury-Bill Market," Journal of
International Money and Finance, September 1987
"The
Interdependence of the Term Structure of Eurocurrency Interest Rates," Journal of International Money and Finance, June 1986
OPINION AND COMMENTARY
"New
Grocer Law Spells Trouble for City Business," Los
Angeles Daily News, December 2005 (with S. Svorny)
"Prop. 76 is far from perfect,
but needed" Los Angeles Daily News, November 2005
"Proposition 75: Paycheck Protection or Partisan Ploy?" Los Angeles Times, October 2005 (with S. Svorny)
"The Independence Chimera" Tech Central Station, April 2005
"Unions Shouldn't be Favored by State Environmental Law," Los Angeles Daily News, March 2005 (with S. Svorny)
"Feds
Are Feeding an Urban Money Pit,"
Los Angeles Times, March 2005 (with S.
Svorny)
"More
Dense Thinking from Politicians: Cramming Mixed-use Projects Near Mass Transit
Won't Ease Congestion," Los Angeles Daily News,
August 2004 (with S. Svorny)
"Private Banks Hold Lien on a Better Life," Los Angeles Times, March 2004 (with S. Svorny)
“Reducing
Taxes for Good, President’s Plan Will Help all of Us,” Los
Angeles Daily News, March 2004
“Economy’s
Home Run, Families Net Worth Higher and Continues to Climb,” Los
Angeles Daily News, January 2004
“State
Needs Independent Budget Commission,” Los
Angeles Daily News, November 2003
“Alternate
Budget Plan an Offer State Can’t Refuse?” Los
Angeles Daily News, June 2003
“Free-Trade
Plan may give Peace a Chance,” Los
Angeles Daily News, May 2003
“Davis
Taxes will make a Bad Situation Worse,” Los
Angeles Daily News, January 2003
“Spending
Limit would Benefit State Economy, Budget Health,” Los
Angeles Daily News, January 2003 (with S. Svorny)
“Globalization:
A Primer,” Tech Central Station,
October 2002
“What
Independence? U.S. Future Will Always be Linked with World Oil Market,” Los
Angeles Daily News, May 2002
“Bush
Should Demand Reforms in IMF,” Los
Angeles Daily News, January 2002
“Unwitting
Sponsors of Terrorist Training Camps,” Financial
Times letter, November 2001 and (“Foreign Aid Often Funds Terrorists,” Los
Angeles Daily News, October 2001)
“The
IMF Deters Free Capital Flow,” USA Today
Magazine, November 2001
“Who’s
Afraid of Retirement Reform?” Los
Angeles Daily News, August 2001
“Bush
Should Shun Steel Protection,” Los
Angeles Daily News, June 2001
“A
New IMF - Reform the IMF to avoid another Turkish Bath,” National
Review Online, April 2001
“Bush
Tax Cut Would Make Us All Richer,” Los
Angeles Daily News, February 2001
“Trashing
Global Trade no Help for World’s Poor,” Los
Angeles Daily News, October 2000
“Tighter
Reins on IMF Lending?” Washington Times,
March 2000
“Fear
of U.S. Trade Deficit Groundless,” Los
Angeles Daily News, March 2000
“Democrats
to Benefit from CSU Union Dues; University System, Students will Suffer,” Los Angeles Daily News, August 1999 (with S. Svorny)
“When
Freeways Take Their Toll,” Los Angeles
Times, March 1999
“Reject
Rhetoric from Anti-Trade Advocates” Los
Angeles Daily News, June 1998
“It’s
Time to Limit City Borrowing” Los
Angeles Times, May 1998
"More
to the Point: Capital Day" Los
Angeles Times, September 1997
"Inflation-Growth
Balancing Act is no Mystery" Los
Angeles Daily News, August 1997
"Reining
in City," Los Angeles Daily News,
April 1997 (with S. Svorny)
"Taking
the Toll Road to Transportation Reality," Los
Angeles Daily News, March 1997
"Facts
Show that Corporations Not Abandoning U.S.," Los
Angeles Daily News, December 1996
"Price
Pfister Woes Illustrate Hidden Cost of Pro-Environment Legislation," Los Angeles Daily News, December 1996 (with S. Svorny)
"Do
the Dole Budget Numbers Add Up?" Valley
Business Journal, October 1996
“Bailout
Bickering,” Foreign Affairs letter,
September/October 1996
"For
Valley's Future, the Best Reform is Secession," Los
Angeles Daily News, July 1996 (with S. Svorny)
"Study
Shows '93 Tax Increase Stifled Business Starts; Cost Jobs," Valley
Business Journal, June 1996
"Insurance
Plan has Major Faults," Los Angeles
Times, April 1996 (with S. Svorny)
"Tax
Credits? Why Not Just Lower Taxes?" Los
Angeles Daily News, April 1996
"Stimulating
Economic Growth Need Not Be Inflationary," Valley
Business Journal, March 1996
"Metro
Rail: A Project Whose Time has Past," Valley
Business Journal, November 1995 (with S. Svorny)
"Empowerment
Zones Sidetrack Growth," Los Angeles
Daily News and ("Growth Zones' Dubious Merit," The Cleveland Plain Dealer), December 1994 (with S. Svorny)
"Freeway User Fees Would Pave Road for Transit Overhaul, Los Angeles
Times, August 1993
COURSES TAUGHT
Micro-
and Macroeconomics (introductory, intermediate, and MBA levels), Money &
Banking (undergraduate level), International Economics (undergraduate level),
International Trade (undergraduate and MBA level), International Finance
(undergraduate and MBA levels), and Economic Development (undergraduate level)
OTHER PROFESSION ACTIVITIES
Referee
for: The Review of Economics and Statistics, Journal of Money, Credit and Banking, International Economic Review, The Canadian Journal of
Economics, Journal of International Money and Finance, Review of International
Economics,
Contemporary Economic
Policy, Southern Economic Journal, International Economic Journal, International
Journal of Forecasting, The Energy Journal, Journal of Macroeconomics, Journal of Economics and
Business, Quarterly Journal of Business and Economics, International Journal of
Economic Development, and Economics of Education Review
Member
of the Editorial Board for the International
Journal of Economic Development
UNIVERSITY
ADMINISTRATIVE SERVICE
Chair,
College of Business Administration and Economics International Business Option
Curriculum Committee, 2001
College
of Business Administration and Economics Master Design Subcommittee, member 2001
Chair,
Economics Department Merit Pay Committee, 1999-2000, member 2000-01
Co-chair,
College of Business Administration and Economics Faculty Research Workshop, 1999
Chair,
Economics Department Personnel Committee, 1998-1999, 2003-2004, member
1999-2000, 2001-2002
College
of Business Administration and Economics Personnel Committee, 1996-97, 1997-98,
2000-01
Chair,
Economics Department Recruiting Committee, 1999-2000, 1995-96, 1987-88; member
1990-91, 1988-89
College
of Business Administration and Economics Policy Committee, 1991-93
College
of Business Administration and Economics Research and Grants Committee, 1985-86
Chair,
Economics Department Curriculum Committee, 1983-84
GRANTS
AND AWARDS
Dean’s
Award for Original Research, 1997
Performance
Salary Step Increase Award, 1997, 1998, 2000
Sabbatical
Leave, fall 1994, fall 2002
Outstanding
Faculty Award, Disabled Student Services, 1994
Meritorious
Performance and Professional Promise Award, 1989, 1987
University
Research Grant, 1997, 1996, 1992, 1991, 1989, 1987
College
of Business Administration and Economics Research Grant, 1997, 1993, 1991, 1990,
1989, 1985