Stefan Norrbin

Chair, Department of Economics, Finance and Quantitative Analysis
205-726-4099
scnorrbi@samford.edu
DBH 219

 

 

 

 

 

 

 

Dr. Stefan Norrbin joined Samford University as a Professor of Economics and the Dwight Moody Beeson Professor of Business in the fall of 2007. He also serves as the Chair of Economic, Finance, and Quantitative Analysis for Brock School of Business. Dr. Norrbin teaches Principles of Macroeconomics, International Economics, Special Topics in International Finance, and Competitive Strategy at the MBA level. His research interests and fields of specialization are in International Finance and Trade, Applied Macroeconomics, and Applied Econometrics.

After earning his Ph.D. from ASU in 1986, Dr. Norrbin joined the University of Alabama at Tuscaloosa as an Assistant Professor of Economics for four years. He left the UA to work with McKinsey & Co. in Stockholm, Sweden, as an Associate/Financial Institutions Specialist. His tasks were to research and advice on mergers and strategic positioning of banks and insurance firms.  In 1990 Dr. Norrbin joined the Florida State University as a professor of economics. At FSU, he has received three University Teaching Awards and been nominated for Graduate Mentor Award, Undergraduate Honors Thesis Advisor Award, Distinguished University Teaching Award. Dr. Norrbin has been involved in many research contracts for the State of Florida such as new child support guidelines, analysis of property tax proposals, a design of an affordability index, and an evaluation of Team Child as a solution to Florida’s juvenile delinquency problem. In addition, Dr. Norrbin has been a visiting (research and teaching) scholar at several institutions such as University of Hawaii, Central Bank of Sweden, Lund University (Sweden), and University of Copenhagen (Denmark).

Dr. Norrbin was born in Sweden, and has lived in many countries such as: India, Brazil, France, England and Norway.  He lives in Hoover with his wife, Onnie.

EDUCATION:

Ph.D. in Economics, Arizona State University, Aug. 1986.
M.S. in Economics, Arizona State University, Aug. 1984.
A.B. in Economics and International Relations, Brown University, June 1981.

REFEREED PUBLICATIONS:

Aaron Smallwood and Stefan C. Norrbin, “Cyclical Long Memory and the Purchasing Power Parity Controversy,” Applied Economics, forthcoming.

Stefan C. Norrbin, Onsurang Pipatchaipoom, and Lilla Bors, “How Robust in the Natural Resource Curse?,” International Economic Journal, forthcoming.

Onsurang Pipatchaipoom and Stefan C. Norrbin, “Is Real Interest Rate Parity Affected by the Method of Calculating Real Interest Rates?,” Applied Economics, forthcoming.

Aaron Smallwood and Stefan C. Norrbin, “An Encompassing Test of Real Interest Rate Equalization,” Review of International Economics, 16(1), 114-126, 2008.

Paul Beaumont, Stefan C. Norrbin and F. Pinar Yigit, “Time Series Evidence on the Linkage between the Volatility and Growth of Output,” Applied Economics Letters, 15, No. 1, 45-48, 2008.

Koichi Yoshimine and Stefan C. Norrbin, “The Effect of the Corporate Tax Rate on the Trade Balance,” Applied Economics Letters, vol. 14. No. 4-6, March-May 2007, pp. 343-348.

Stefan C. Norrbin and Onsurang Pipatchaipoom, “Is the Real Dollar Rate Highly Volatile?” Economics Bulletin, Vol. 6, No. 2, February 2007, pp. 1-5.

Smallwood, Aaron and Stefan C. Norrbin, “Generalized Long Memory Processes, Failure of Cointegration, and Exchange Rate Dynamics,” Journal of Applied Econometrics, Vol. 21. 2006, 409-417.

Stefan C. Norrbin and F. Pinar Yigit, “The Robustness of the Link Between Volatility and Growth of Output,” Review of World Economics/ Weltwirtschaftlisches Archiv, Vol. 141, No. 2, 2005, 343-356.

Smallwood, Aaron and Stefan C. Norrbin, “Estimating Cointegrating Vectors Using Near Unit Root Variables, Applied Economics Letters, Vol. 11, 2004, 781-784.

Stefan C. Norrbin, David Rasmussen and Damian von Frank, “Using Civil Representation to Reduce Delinquency among Troubled Youth,” Evaluation Review, Vol. 28, No. 3, June 2004, 201-217.

Stefan C. Norrbin and Mitch A. Conover, "How Much is Purchasing Power Parity Worth?", Quarterly Journal of Business and Economics, Vol. 37, No. 2, Spring 1998, 49-62.

Kam Chan, Stefan C. Norrbin and Pikki Lai, "Are Stock and Bond Prices Collinear in the Long Run?," International Review of Economics and Finance, Vol. 6, No. 2, 1997, 193-202.

Stefan C. Norrbin and Kevin L. Reffett,  "The Disaggregated Money Demand in the Long-run," Journal of Macroeconomics, Vol. 19, No. 3, Summer 1997, 495-508.

Stefan C. Norrbin, Kevin Reffett and Yaohua Ji, "Using A VECM to test Exogeneity and Forecastability in the PPP Condition," Applied Financial Economics, 1997, Vol. 7, 87-95.

Stefan C. Norrbin, "Bivariate Cointegration among EMS Exchange Rates," Applied Economics, 1996, Vol. 28, 1505-1513.

Stefan C. Norrbin and Kevin L. Reffett, "Exogeneity and Forward Rate Unbiasedness," Journal of International Money and Finance, April 1996, Vol. 15, No. 2, pp. 267-274.

Stefan C. Norrbin and Don Schlagenhauf, "The Role of International Factors in the Business Cycle: A Multicountry study," Journal of International Economics, February 1996, Vol. 40, pp. 85-104.

Stefan C. Norrbin and Kevin L. Reffett, "A Substitution Test of Long-Run Money Demand," Journal of Macroeconomics, Spring 1996, Vol. 18, No. 2, pp. 253-270.

James Gapinski, Stefan C. Norrbin and Richard Stasiak, "The Price of Road Work in the Sunshine State: Index Reconstruction and Prediction," Journal of the Transportation Research Forum, Vol. 36, 1996.

Stefan C. Norrbin and Kevin L. Reffett, "I(2) Representations of U.S. Money Demand,  Economics Letters, Vol. 49, August 1995, 415-423.

Stefan C. Norrbin and Kevin L. Reffett, "Trade Credit in a Monetary Economy," Journal of Monetary Economics, Vol. 35, July 1995, 413-430. 

Stefan C. Norrbin, "Disaggregate Stochastic Growth Patterns in Industrial Production," Economics Letters, Vol. 47, March 1995, 327-333.

Stefan C. Norrbin, "The Relation between Price and Marginal Cost in U.S. Industry: A Contradiction," Journal of Political Economy, Volume 101, No. 6, December 1993, 1149-1164.

John Formby, Stefan Norrbin and Ryoichi Sakano, "The Synchronization of Business Cycles Across The European Community," Open Economies Review, Vol. 2, No. 3, October, 1992, 233-255.

Stefan C. Norrbin and Kam Chan, "Causes of Deviations From Purchasing Power Parity Across Countries," Journal of International Financial Markets, Institutions & Money, Vol. 1, No. 4, 1991, 29-43. 

Stefan C. Norrbin and Don Schlagenhauf, "The Importance of Sectoral and Aggregate Shocks in the Business Cycles," Economic Inquiry, Vol. 29, April 1991, 317-335.

Ming Pan, Stefan C. Norrbin and Kam Chan, "Variance Ratio Tests of Foreign Exchange Rates," The International Journal of Finance, Vol. 3, No. 1, Spring 1991, 88-116.

Karl Guntermann and Stefan C. Norrbin, "Empirical Tests of Real Estate Market Efficiency," Journal of Real Estate Finance & Economics, Vol. 4, 1991, 297-313. 
Summarized in The CFA Digest, Spring 1992, Vol. 22, No. 2, 50-51.

Stefan C. Norrbin and Don Schlagenhauf, "Sources of Output Fluctuations in the United States During the Inter-war and Post-war Years," Journal of Economic Dynamics and Control, Vol. 14, No. 3/4, July/Oct. 1990, 523-551. 

Stefan C. Norrbin, "Determinants of Differences in Regional Cyclical Variability," The Review of Regional Studies, Vol. 18, No. 3, Fall 1988, 16-22. 

Stefan C. Norrbin and Don Schlagenhauf, "An Inquiry into the Sources of Macroeconomic Fluctuations," Journal of Monetary Economics, Vol. 22, No. 1, July 1988, 43-70. 

Karl Guntermann and Stefan C. Norrbin, "Analyzing the Variability of Apartment Rents", American Real Estate and Urban Economics Journal, Vol. 15, No. 4, November 1987, 321-340.