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David D Gulley

Professor, Economics
Ph.D., Univ of Kentucky-Lexington, 1990
Office: Adamian Academic Center 189 | 781.891._2355 | dgulley@bentley.edu
Department Phone: 781.891._3183 | Department Fax: 781.891.2896
                       


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Bio

Current research focuses on the UK national lottery, financial markets, and health care markets. Fields of interest include macroeconomics, monetary economics, financial economics, and public finance. Has presented papers at numerous national and international conferences. Publications have appeared in Economic Inquiry, National Tax Journal, Journal of Macroeconomics, and Applied Financial Economics, among others.

Teaching Interests

Financial Markets; Monetary Economics; Macroeconomics

Research Interests

National and State Lotteries; Health Care Markets; Monetary Policy; Interest Rates

Professional Memberships

American Economic Association
American Finance Association
Southern Economic Association

Awards and Honors

2012, Nominated for Teacher of the year award, Bentley University
2010, Innovation in Teaching Award, Bentley University
2003, Bentley College Scholar of the Year, 2003
2003, Gibbons Research Professor, 2000-2003

Publications

Journal Articles
Gulley, O. D., Sultan, J. (2011). Economics, Politics, and the Federal Funds Markets: Does the Fed Play Politics? Applied Financial Economics, 21 (14), 1005-1019.

Forrest, D., Gulley, O. D., Simmons, R. (2010). The Relationship between Betting and Lottery Play. Economic Inquiry, 48 (1), 26-38.

Kamis, A., Haughton, D. M., Gulley, O. D., Scholten, P. A. (2010). A Structural Equation Model of Gambling in the United Kingdom. International Journal of Statistics & Economics, 5 (A10).

Gulley, O. D., Forrest, D. (2009). PARTICIPATION AND LEVEL OF PLAY IN THE UK NATIONAL LOTTERY AND IMPLICATIONS FOR REGULATING AND TAXING LOTTERIES AND OTHER 'VICES'. International Journal of Gambling Studies, 9 (2), 165-178.

Santerre, R., Gulley, O. D. (2007). Market Structure Elements: The Case of California Nursing Homes. Journal of Health Care Finance, 33 (4), 1-16.

Gulley, O. D., Forrest, D., Simmons, R. (2004). Substitution Between Different Games of the U.K. National Lottery. Applied Economics, 36 (April), 645-651.

Gulley, O. D., Sultan, J. (2003). The Link Between Monetary Policy and Stock and Bond Markets: Evidence from the Federal Funds Futures Contract. with David Gulley. Applied Financial Economics, 13 (2003), 199-209.

Gulley, O. D., Santerre, R. (2003). Nursing Home Care Availability in the U.S.: The Role of Market, Regulatory, and Fiscal Factors. Eastern Economic Journal, 29, 93-104.

Gulley, O. D., Sultan, J. (2003). Financial Market Reaction to Monetary Policy. Applied Financial Economics, 13, 199-209.

Forrest, D., Gulley, O. D., Simmons, R. (2000). Testing for Rational Expectations in the UK National Lottery. Applied Economics, 32, 315-326.

Forrest, D., Gulley, O. D., Simmons, R. (2000). Elasticity of Demand for U.K. National Lottery Tickets. National Tax Journal, 53, 853-864.

Sumner, S. B., Gulley, O. D. (1998). Money Demand and Nominal Debt: An Equilibrium Model of the Liquidity Effect. Journal of Macroeconomics, 20, 267-293.

Gulley, O. D., Sultan, J. (1998). Consumer Confidence Announcements: Do They Matter? Applied Financial Economics, 8, 155-166.

Fletcher Brown, D., Gulley, O. D. (1996). Forecasting the Real Interest Rate. North American Journal of Economics and Finance (Spring): 55-76 (Spring), 55-76.

Scott Jr., F. A., Gulley, O. D. (1995). Testing for Efficiency in Lotto Markets. Economic Inquiry, 33, 175-188.

Gulley, O. D. (1994). An Empirical Test of the Effects of Government Deficits on Money Demand. Applied Economics, 26, 239-247.

Gulley, O. D., Santerre, R. (1993). The Effect of Tax Exemption on the Market Share of Nonprofit Hospitals. National Tax Journal, 46, 477-486.

Gulley, O. D., Scott Jr., F. A. (1993). The Demand for Wagering on State-Operated Lotto Games. National Tax Journal, 46, 13-22.

Gulley, O. D. (1992). Are Saving and Investment Cointegrated? Another Look at the Data Economics Letters, 39, 55-58.

Gulley, O. D., Scott Jr., F. A. (1989). Lottery Effects on Pari-Mutuel Tax Revenues. National Tax Journal, 42, 89-93.

Book Chapters
Gulley, O. D, Forrest, D. The Efficiency of Lotto Markets. Handbook of Gambling Markets. Oxford University Press

Gulley, O. D, Sultan, J. (2009). The Effects of Global Terrorism on Risk Premium: Evidence from Stock Markets. In Mathew Morgan (Eds.), . new York: . Palgrave Mcmillan

Gulley, O. D. (1995). Is the Real Interest Rate Stable? Further Evidence. In Dilip K. Ghosh (Eds.),  (pp. 199-207). New York: . Pergamon Press

Book Reviews
Gulley, O. D. (1992). [Review of the book A Review of Booms and Recessions in a Noisy Economy]. Business in the Contemporary World.

Other(s)
Gulley, O. D. (1990). The Relationship Between Household, Corporate, and Government Saving.

Conference Proceedings and Presentations

Gulley, O. D., Jackson, A. L. (2013). "Using Team-Based Competitions to Foster Student Learning." Presented at the NYSEA's New York State Economics Association Annual Conference, Farmingdale, NY.

Gulley, O. D., Jackson, A. L. (2013). "Pressing the Issue: The Impact of Fed Press Conferences on Financial Markets." Presented at the Western Economic Association International's WEAI 10th Biennial Pacific Rim Conference, Toyko, Japan.

Gulley, O. D., Jackson, A. L. (2012). "Using Team-Based Competitions to Foster Student Learning." Presented at the American Economic Association's National Conference on Teaching Economics and Research in Economic Education, Boston, MA.

Gulley, O. D., Forrest, D. (2011). "Bettor Sensitivity to Rollovers in the UK National Lottery Game." Presented at the Eastern Economics Association's Eastern Economics Association Conference, New York.

Gulley, O. D., Haughton, D. M., Scholten, P. A., Kamis, A. (2010). "A Structural Equation Model of Gambling in the United Kingdom." Presented at the Eastern Economic Association, Philadelphia, PA.

Gulley, O. D., Haughton, D. M., Kamis, A., Scholten, P. A. (2008). "A Structural Equation Modeling of Gambling in the UK." Presented at the Southern Economics Association, Washington, DC.

Gulley, O. D., Sultan, J. (2007). "Terrorism and Financial Markets." Presented at the FMA, Barcelona.

Gulley, O. D., Forrest, D. (2007). "The Changing Elasticity of the UK National Lottery." Presented at the Southern Economics Association, New Orleans.

Sultan, J., Gulley, O. D. (2006). "Terrorism and Financial Markets."

Gulley, O. D., Forrest, D., Simmons, R. (2005). "A High Frequency Time-Series Analysis of Demand for Gambling in the UK."

Gulley, O. D., Sultan, J. (2005). "Economics, Politics, and the Federal Funds Market: Does the Fed Play Politics?"

Gulley, O. D., Forrest, D. (2005). "Expenditures on the UK National Lottery."

Gulley, O. D., Forrest, D. (2005). "Expenditures on the UK National Lottery."

Gulley, O. D., Forrest, D. (2005). "Expenditures on the UK National Lottery."

Gulley, O. D., Sultan, J. (2005). "What Moves the Federal Funds Market?"

Gulley, O. D., Santerre, R. (2003). "Do Nursing Homes in California Possess Market Power?" Presented at the Eastern Economic Association, New York.

Forrest, D., Gulley, O. D., Simmons, R. (2002). "A High Frequency Time-Series Analysis of the Demand for Gambling in the UK." Presented at the Southern Economic Association, New Orleans.

Gulley, O. D., Lizotte, O. (1997). "Forecasting the Fed: Predicting Change in the Federal Funds Rate." Presented at the Midwest Economics Association, Kansas City.

Fletcher Brown, D., Gulley, O. D. (1996). "Forecasting Volatility Over Different Forecasting Horizons." Presented at the Southern Economic Association, Washington DC.

Service

Department Service
Committee Chair for Hiring Committee, 2013 - Present
Course Coordinator for MBA Concentration Coordinator, 2011 - Present
Course Coordinator for Internship Coordinator, 2011 - 2013
represented economics department, 2012 - 2012
Acting Chair, 2012 - 2012
Committee Member for Faculty Senate representative, 2007 - 2011

University Service
Committee Member for Board of Trustees Physical Facilities Committee, 2013 - Present
Committee Member for Ad Hoc Domestic Semester Away Committee, 2013 - 2013
Committee Member for Board of Trustees, Physical Facilities Committee, 2011 - 2012
Committee Member for New MBA Development Task Force, 2011 - 2012
Committee Member for Board of Trustees, Physical Facilities Committee, 2011 - 2012
Committee Member for Board of Trustees, Student Affairs, 2011 - 2011
University Senate for Faculty Senate Representative, Department of Economics, 2011 - 2011

Professional Service
Reviewer, Journal Article for Journal of Public Economics - Present
Reviewer, Conference Paper for NYSEA Annual Conference, 2013 - 2013
Conference/Workshop Session Chair for NYSEA Annual Meeeting, 2013 - 2013
Reviewer, Journal Article for British Journal of Mathematics and Computer Science, 2013 - 2013
Reviewer, Journal Article for National Tax Journal, 2013 - 2013
Reviewer, Book for Business Expert Press, 2012 - 2012
Reviewer, Journal Article for Journal of Economic Surveys, 2011 - 2011
Reviewer, Journal Article for Journal of Environmental Management, 2011 - 2011
Gave newspaper interview for Waltham Tribune interview, 2011 - 2011
Reviewer, Journal Article for Eastern Economic Journal, 2011 - 2011

Public Service
volunteered to be a judge for a community college Fed Challenge for North Shore Community College, 2012 - 2012