Economics and Accounting Department
Fields: Macroeconomics, Monetary Economics, Financial Economics, Labor Economics, Development Economics, Teaching of Economics
Research (Journal Publications)
"Executive Compensation Incentives in a Volatile Market" (with Alaina C. George) American Economist, Vol. 49, No. 2 (Fall), 2005: pp 33-43.
“Truth or Macroeconomic Consequences: Theoretical Implications of the Decline and Rise of Job References in the United States,” Journal of Post Keynesian Economics, Vol. 22, No. 3 (Spring), 2000: pp. 461-487.
“Exploring the Interaction between Efficiency Wages and Labor Market Frictions,” Quarterly Review of Economics and Finance, Vol. 40, No. 1 (March), 2000: pp. 121-137.
"Is the Human Development Index Redundant?" Eastern Economic Journal, Vol. 31, No. 1 (Winter), 2005: pp. 1-6.
"Diminishing Returns to GDP and the Human Development Index," Applied Economics Letters, Vol. 9, No. 13 (October 20), 2002: pp. 885-887.
“Using Principal Components to Produce an Economic and Social Development Index: An Application to Latin America and U. S. States,” (with Nicolas Sanchez), Atlantic Economic Journal, Vol. 29, No. 3 (September), 2001: pp. 311-329.
“The Relationship Between Aid and Debt in Developing Countries,” (with Paul Isely), The American Economist, Vol. 44, No. 2 (Fall), 2000: pp. 78-91.
“The Strengths and Weaknesses of Factor Analysis in Predicting Cuban GDP,” (with Nicolas Sanchez), Cuba in Transition, Vol. 8, 1998: pp. 273-288.
“Economics of Cost Pass Through and Damages in Indirect Purchaser Antitrust Cases" (with George Kosicki), The Antitrust Bulletin, Vol. 50, No. 3 (Fall), 2006: pp. 599-630..
Teaching Economics/ Computer Assisted Instruction
Teaching Chain-weight Real GDP Measures," Journal of Economic Education, Vol. 34, No. 3 (Summer), 2003: pp. 224-34.
"Web Supplement to 'Teaching Chain-weight Real GDP Measures'," Journal of Economic Education (Online section note), Vol. 34, No. 3 (Summer), 2003: p. 295. Web address: http://college.holycross.edu/faculty/mcahill/jee/jeepaper.html
“Using Spreadsheets to Explore Neoclassical Assumptions in a New Keynesian Model,” (with George Kosicki), Computers in Higher Education Economics Review, Vol. 14, No. 2 (August), 2001: pp. 7-11. Download spreadsheet for figures
“A Framework for Developing Spreadsheet Applications in Economics,” (with George Kosicki), Social Science Computer Review, Vol. 19, No. 2 (Summer), 2001: pp. 186-200.
"Estimating key macroeconomic relationships at the undergraduate level: Taylor Rule and Okun's Law examples" American Economic Association, Boston, MA, January 2006, Supplemental web page: http://www.holycross.edu/departments/economics/mcahill/AEA2006/
“Extraordinary Achievers in Human Development" (with Megan P. Peter)