PERSONAL DATA

Office Address

Department of Economics
Radford University
Radford, Virginia 24142
(540) 831-5892/5100
email: jroufaga@radford.edu
web: http://www.radford.edu/~jroufaga/

Home Address

        1161 Arrington Rd.
        Blacksburg, VA 24060
        (540) 953-3028

EDUCATION

Ph.D.- Economics, August 1986 University of Florida
M.A. - Economics, June 1981 Athens University of Economics and Business, Greece
B.A.- Economics, October 1978 University of Piraeus, Greece

HONORS AND PRIZES

Greek National Fellowship Foundation (I.K.Y.), Honors Diploma 1977
Greek National Fellowship Foundation (I.K.Y.), Fellowship 1978

AREAS OF CONCENTRATION

Monetary Economics, Applied Microeconomics, Economics of Uncertainty,
Information Systems Applications in Economics.

DOCTORAL DISSERTATION

Title: Interrelated Demand and Supply in the Markets for New and Used Durable Goods.

Committee: Edward Zabel (Chairman), Stephen Cosslett, William Bomberger.

PROFESSIONAL EXPERIENCE

1997 to present: Professor of Economics, Radford University.
1994 to2000: Graduate Program Coordinator, Dept. of Economics, Radford Univ.
1991 to 1997: Associate Professor of Economics, Radford University.
1985 to 1991: Assistant Professor of Economics, Radford University.
1983 to 1985: Research and Teaching Assistant, Univ. of Florida.
1978 to 1979: Research Assistant, Center of Planning and Economic Research, Athens, Greece.

TEACHING INTERESTS

Money and Banking, Economic Theory (Micro-Macro), Econometrics, Managerial
Economics, Information Systems Applications in Economics.

RESEARCH FIELDS

Monetary and Financial Economics, Economics of Uncertainty, Applied Microeconomics

PUBLICATIONS

``Optimization Behavior and the Flat Maximum Principle," (with Nozar Hashemzadeh),
Managerial and Decision Economics 11, February 1990, 53-55.

``Optimal Portfolio Strategies and the Demand for Durable Goods'' Atlantic Economic Journal
XIX, March 1991, 15-21.

``Tracking Potential Honors Students," The National Honors Report XIV, Spring 1993, 25-31.

``Price Rigidity: Could It Be a Demand Phenomenon?," Managerial and Decision Economics
15, January-February 1994, 87-94.

``Tracking Potential Honors Students: Some Further Results," The National Honors Report
XV, Winter 1994, 20-27.

``Honors Classes and Student Performance: A Quantitative Analysis" Forum for Honors XXII,
Fall/Winter 1994, 13-21.

``Search and Uncertainty: Determinants of the Degree of Underpricing of Initial Public
Offerings," (with J. Marchand), Journal of Economics and Finance, Spring 1996, pp. 47-64.

``Pricing and Employment Decisions Under Uncertainty by a Services-Producing Monopoly,"
Ekonomia 2, Summer 1998, pp. 90-105.

"Third Degree Price Discrimination: A Profitable Arbitrage Case," (with J. Marchand and M.
Rigdon), The American Economist, Fall 2000, pp 92-93.

"Self-Selection and the Effects of Poison Put/Call Covenants on the Reoffering   Yields of
Corporate Bonds" (with Khalil Torabzadeh and Criss G. Woodruff), International Review of Economics
and Finance Vol 9, No 2, 2000,  pp. 139-156.

“HRM Systems Architecture and Firm Performance: Evidence from SMEs in a Developing Country,”
(with P. Kasturi and A. Orlov), International Journal of Commerce and Management, (forthcoming).

BOOK

(editor) Resource Allocation and Institutions: Explorations in Economics, Finance and Law,
                ATINER, Athens, Greece, 2006

BOOK CHAPTERS

“HRM Guiding Principles and HRM Practices: Evidence from SMEs in a Developing Country,” in Niki Kyriakidou (ed.) International Reflections on Education and Business,  ATINER, Athens, Greece, 2006

“HRM Philosophy and Firm Productivity: Evidence from SMEs in India,” (with P. Kasturi and A. Orlov) in I. D. Salavrakos (ed.)  Aspects of Globalization, Regionalization and Business,  ATINER, Athens, Greece, 2004

PAPER PRESENTATIONS

Over twenty five (25) presentations in professional meetings.

GRANTS

"The Effects of Poison Put/Call Provisions on the Yields of New Corporate Bonds," (with Kh.
Torabzadeh), received the 1991 College of Business and Economics Summer Grant.

"Teaching Portfolios At Radford University" (May 1994), funded by the Center for Teaching
Excellence, Radford University.

"Integration of System Program Writing into the Economics Curriculum" (with M. Hayes)
(November 1995), funded by the Office of Academic Enrichment, Radford University.

"Initial Public Offerings and Takeover Activity," received the 1998 College of Business and
Economics Summer Grant.

“Aggregate Price Rigidity as a Result of Firm Exit” received the 2004 College of Business and
Economics Summer Grant