Connel R Fullenkamp, Director of Undergraduate Studies and Associate Professor of the Practice

Connel R. Fullenkamp is an Associate Professor of the Practice at Duke University. He joined the Duke faculty in 1999 as a visiting associate professor for the Economics Department. Along with his professorship, he has also served as consultant for the Duke Center for International Development, and associate director of Undergraduate Studies. He has also been a visiting scholar and consultant at the IMF Institute of the International Monetary Fund in Washington, D.C. Professor Fullenkamp earned his B.A. from Michigan State University in 1987 and his M.A. from Harvard University in 1989. He also earned his Ph.D. from Harvard University in 1992, after which he became an assistant professor in the Department of Finance and Business Economics at the University of Notre Dame until 1999. Professor Fullenkamp specializes in economic policy, financial market development, and regulation of financial markets. He has conducted his recent research on frameworks for financial market development, migrant worker remittances, the impact of immigrant remittances on economic growth, and other trends in the economy that provide “an important financial flow to many developing countries.” His work has been published in a number of prestigious academic journals, including the Review of Economic Dynamics, The Cato Journal, the Journal of Banking and Finance, and The IMF Staff Papers. Professor Fullenkamp has worked with a number of his distinguished contemporaries to complete various research projects. He collaborated with Ralph Chami and Samir Jahjah on the works entitled, “Are Immigrant Remittance Flows a Source of Capital for Development” and “Instruments for Sequencing the Development of Financial Markets.” He completed a project on “Six Puzzles in Electronic Money and Banking”, with Saleh Nsouli, and “An Examination of Deposit Rate Setting by Large Financial Institutions”, with Thomas Cosimano and Richard Sheehan. He also worked with Ralph Chami and Sunil Sharma on the paper, “Toward a Framework for Financial Market Development.” For his excellent work as a teacher and researcher, Professor Fullenkamp has received numerous honors. He was given the Alumni Distinguished Undergraduate Teaching Award in 2005 by the Duke University Alumni Association and was nominated for the award each year from 2000-2004. He also earned an Outstanding Teacher Award from the University of Notre Dame College of Business in 1998. Before beginning his teaching career, he received the Harry S. Truman Scholarship in 1985 and the National Science Foundation Graduate Fellowship in 1988.

Contact Info:

Office Location:	329C Soc Sci Building
Office Phone:	(919) 660-1843
Email Address:

Teaching (Fall 2009):

• ECON 51D.001, ECONOMIC PRINCIPLES Synopsis

  Bryan Center GRIFFITH F, MWF 01:15 PM-02:30 PM

• ECON 181.01, CORPORATE FINANCE Synopsis

  Social Sciences 113, TuTh 01:15 PM-02:30 PM

• HOUSECS 79.01, GLOBAL POLITICS AND ECON OF HUNGER Synopsis

  Keohane 4B 402 SEM, Tu 07:15 PM-08:45 PM

• ECON 181.01, CORPORATE FINANCE Synopsis

• ECON 195.12, FINANCIAL RISK MANAGEMENT Synopsis

  Social Sciences 111, WF 01:15 PM-02:30 PM

Education:

PhD	Harvard University	1992
MA	Harvard University	1989
BA	Michigan State University	1987

Specialties:

Financial Economics

Research Interests:

Current projects: Impact of immigrant remittances on economic growth, Framework for financial market development

Professor Fullenkamp specializes in the investigation of financial market development and regulation of financial markets. His projects often involve the exploration of such variables as immigrant worker remittances, economic policy, and the development of countries. His completed papers have appeared in various leading academic journals, including The Cato Journal, the Journal of Banking and Finance, the Review of Economic Dynamics, and the Review of Economics and Statistics. Titles of his publications include, “Capital Trading, Stock Trading, and the Inflation Tax on Equity” with Scott Baier, Charles Carlstrom, Ralph Chami, Thomas Cosimano, and Timothy Fuerst; “Assessing Individual Risk-Attitudes Using Field Data from Lottery Games” with Rafael Tenorio and Robert Battalio; “Are Immigrant Remittance Flows a Source for Capital Development” with Ralph Chami and Samir Jahjah; and more. Professor Fullenkamp is currently focusing his studies on the impact of immigrant remittances on economic growth and the framework for financial market development.

Areas of Interest:

financial market development
regulation of financial markets

Keywords:

finance • policy • remittances • financial market development • financial market regulation • migrant worker remittances

Duties:

As Associate DUS, I handle most of the programs related to undergraduate research: -Honors Program/Graduation With Distinction -Undergraduate Research Symposium -Johnson Distinguished Undergraduate Research Assistants -Johnson Lectures I am also the faculty advisor to the Economics Student Union (ESU) I am also working with the Director of the EcoTeach Center on the curriculum revision, including revision of the Honors track and the creation of a new multivariable calculus course for economics students.

Curriculum Vitae  Bio

Recent Publications   (More Publications)

1. C.R. Fullenkamp, Ralph Chami, Samir Jahjah, Are Immigrant Remittance Flows a Source of Capital for Development, IMF Staff Papers, vol. 52 no. 1 (April, 2005), pp. 55-81
2. C.R. Fullenkamp, Ralph Chami and Sunil Sharma, “Toward a Framework for Financial Market Development (2004), IMF Institute - mimeo
3. C.R. Fullenkamp, Saleh Nsouli, Six Puzzles in Electronic Money and Banking, IMF Working Paper 04-19 (2004)
4. C.R. Fullenkamp, Thomas Cosimano and Richard Sheehan, An Examination of Deposit Rate Setting by Large Financial Institutions (2004) (currently under revision at the Journal of Financial Intermediation.)
5. C.R. Fullenkamp, Ralph Chami and Sunil Sharma, and Instruments for Sequencing the Development of Financial Markets (December, 2003) (presented at the Joint Africa Institute High-Level Seminar on Financial Development and Integration in Africa.)