June 2006
Maurice D. Weinrobe
Department
of Economics 162
Waban Ave.
(508) 793-7248
e-mail: MWEINROBE@CLARKU.EDU
CURRENT
POSITION
Professor of
Economics and Chair, Department of Economics
EDUCATION
PROFESSIONAL
EXPERIENCE
Professor of Economics, Clark University, 1986-present
Senior Fulbright Scholar,
Visiting Scholar, Population Studies
and
Associate Provost, Clark University,
1987-1993
Associate Prof. of Economics, Clark
University, 1976-1986
Visiting Fellow,
Visiting Research Scholar, Federal Home
Loan Bank Board, 1975-1976
Visiting Professor, The Economics
Institute, University of
Assistant Prof. of Economics, Michigan
State University, 1969-76
PUBLICATIONS
"Corporate Taxes and the
"Comment: Papers on Value Added Taxation." National
Tax Association Proceedings, 1971.
"A Simple Model of the
Precautionary Demand for Money." Southern Economic Journal, July 1972.
"Accounting for Pollution: Pollution Abatement and the National
Product." Land Economics, May 1973.
"The Demand for Money by Six
Nonbank Financial Intermediaries." Western Economics Journal, June 1973.
"Corporate Taxes and the
"Household Production and National
Production: An Improvement of the
Record." Review of Income and Wealth, Series 20, No. 1 (1974).
"The Economics of Law Practice in
"Household Production and National
Production: A Reply to Mrs.
Ferber." Review of Income and Wealth, 1975.
"Whatever Happened to the Flexible
Payment Mortgage?" Federal Home Loan Bank Board Journal,
December 1975.
"An Analysis of the Effectiveness
of FHLBB Liquidity Policy, 1971-1975."
Journal of Finance, December
1977.
"Monetary and Housing Implications
of Alternative Locations for Reserves Against Savings and Loan
Third-Party-Payment Accounts." Capital Markets in the Financial
Sector: Perspectives on Financial
Reform, edited by R. Buckley, et al, Ballinger Publishing Company, 1977.
"The Effects of Alternative
Mortgage Instruments on Monetary Policy."
(with H. Cassidy) Alternative Mortgage Instruments Research
Study, Vol. III, edited by D. M. Kaplan, Federal Home Loan Bank Board,
1978.
"An Analysis of the Effects of
Consumer Safeguards on Alternative Mortgage Instruments." Alternative
Mortgage Instruments Research Study, Vol. I, edited by D. M. Kaplan,
Federal Home Loan Bank Board, 1978.
"A Compelling Case of
Protection: Mandatory Safeguards for
Alternative Mortgage Instruments." Alternative Mortgage Instruments: Consumer Bane or Boon, Proceedings of a
Conference Held at
"Evidence and Implications of the
Geographic Mortgage Risk:
Implications for the Federal Home Loan Mortgage Corporation.
(Principal co-author), 1980.
Special Study on Reverse Annuity Mortgages.
A Study Prepared For the Reverse Annuity Mortgage Program of the
"The Adjustable Reverse
Mortgage." Economic Resources for the Elderly:
Prospects for the Future, edited by C. Garbacz, Westview Press,
1983.
"Natural Hazards and Deposit
Behavior at Financial Institutions: A
Note." (with F. Steindl) Journal
of Banking and Finance, 1983.
"Home Equity Conversion
Instruments with Fixed Term to Maturity: Alternatives to End of Term
Pay-Off." AREUEA Journal, Vol. 11, No. 1, spring, 1983.
"Consumer Safeguards for Financial
Instruments Unlocking Home Equity for the Aged." Journal
of Housing for the Elderly, summer, 1984.
"HELP Comes to
"Mortgage Default Risks and the
1971
"Insurance Issues Related to
Mortgage Default Risks Associated with Natural Disasters." (with D.
Home Equity Conversion for the Elderly:
An Analysis for Lenders. American Association of Retired Persons, 1986.
"An Analysis of Home Equity
Conversion in the RAM Program." AREUEA Journal, Vol. 15, No. 2, summer
1987.
"Home Equity Conversion and the
Financing of Long-Term Care." Health Care Financing Review, 1988
Annual Supplement, December 1988.
"An Insurance Plan to Guaranty
Reverse Mortgages." The Journal of Risk and Insurance, Vol.
"Economic Security Aspects of Home
Ownership of the Elderly." Expanding Housing Choices for Older People,
AARP, 1995.
"Informal Caregivers of Elders
with Long-Term Care Insurance."
(with J. Miller and M. Cohen)
Final Report to the Assistant Secretary for Planning and Evaluation,
Aging and Disability Policy, Department of Health and Human Services. October 1999.
"Multivariate Analysis of Patterns of Informal and
Formal Caregiving among Privately Insured and Non-Privately Insured Disabled
Elders Living in the Community."
(with M. Cohen and J. Miller) Final Report to the Assistant Secretary
for Planning and Evaluation, Aging and Disability Policy, Department of Health
and Human Services. October 1999.
"A Descriptive Analysis of Patterns of Informal and Formal Caregiving
among Privately Insured and Non-Privately Insured Disabled Elders Living in the
Community." (with M. Cohen and J.
Miller) Final
Report to the Assistant Secretary for Planning and Evaluation, Aging and
Disability Policy, Department of Health and Human Services. October 1999.
"Tax Deductibility and Long-Term
Care Insurance: Implications for Market
Growth and Public Long-Term Care Expenditures." (with M. Cohen) Final Report to the Health Insurance
Association of
"A Simple Model of the Precautionary Demand for
Money." Reprinted in The Foundations of Monetary Economics Vol.
I, edited by D. Laidler, Edward Elgar Publishing, 2000.
"Patterns of Informal and Formal Caregiving Among
Disabled Elders With Private Long-Term Care Insurance. (with M. Cohen and J. Miller) The Gerontologist, 41(2), 180-187. 2001.
Becoming Disabled After Age 65: The Expected Lifetime Costs of Independent
Living. (with M. Cohen, J. Miller and A.
Ingoldsby) AARP Public Policy Inst.
Report #2005-08
Book reviews in Journal
of Economic Issues, Michigan
Academician, Journal of Developing
Areas, Journal of Finance, Economic Geography.
CURRENT
WORKING PAPERS
CHFA Reverse Annuity Mortgage
Program (In Connection With Long Term Care), a paper prepared for the AARP Public Policy Institute. (June 2005)
Interview
Report on the CHFA RAM Program, a paper prepared for the AARP Public Policy
Institute. (Nov. 2005)
OTHER PROFESSIONAL EXPERIENCE
Testimony:
"Renegotiable Rate
Mortgage." Hearings before
Commerce, Consumer and Monetary Affairs Subcommittee of the Committee on
Government Operations, United States House of Representatives,
"Private Sector Programs of Home
Equity Conversion for the Elderly."
Hearings before Special Committee on
"The Basic Economics of a
Residential
"Home Equity
Conversion." Hearings before
Housing and Consumer Interests Subcommittee of the Select Committee on
"A Loan Loss Reserve for Reverse
Mortgages." Assembly Committee on
Aging and Long Term Care,
"An Economic Analysis of Reverse
Mortgage Insurance." Briefing
before Special Committee on Aging, Subcommittee on Housing and Consumer
Interests,
Consulting:
Federal Home Loan Bank Board
Federal Home Loan Mortgage Corporation
Office of Science and Technology
Policy, Executive Office of the
President
Bowditch and Dewey, Counselors at Law
Verex Assurance, Inc.
Kaplan, Smith and Associates, Inc.
Metropolitan Life Insurance Co.
Florida Housing Finance Agency
United Seniors Consumer Cooperative
AARP Foundation
AARP
Expert witness on the use of the
consumer price index in cost of
living adjustment clauses (City of
Member, Board of Directors, State
Mutual Investors, Inc.
Member, Board of Directors, Worcester
Cooperation Council, Inc.(a
Community Housing and Economic
Development Corp.)
National Association of Realtors
LifePlans Inc.
GRANTS RECEIVED
Federal Home Loan Bank Board. "A Microeconomic Study of Liquidity
Preference of Savings and Loan Associations." 1978-79.
Natural Hazards Research and
Home Equity Conversion Project of the
State of
National Science Foundation. "Mortgage Default Risks Associated with
Earthquakes: An Analysis Based on the
1971
AARP Andrus Foundation. "The Development of a Monitoring System
for the Analysis of Home Equity Conversion." 1986.