Office: 427 RBC Phone: 610-758-3428 Fax: 610-758-4677 Email: vgm0@lehigh.edu Intermediate Microeconomics Environmental Economics State and Local Public Finance Economics of the Sports Industry

Vincent Munley is Iacocca Professor of Business and Economics at Lehigh. He also serves as the university's Ombudsperson. His research is directed at the empirical study of public policy issues, in particular topics related to fiscal federalism. The results have been published in journals that include Economic Inquiry, the Journal of Education Finance, the Journal of Environmental Economics and Management, the Journal of Legal Studies, the Journal of Public Economics, Land Economics, Public Choice, Public Finance/Finances Publiques, Publius, and the Southern Economic Journal. He received a B.A. in economics and a B.S. in electrical engineering from Lehigh University and a Ph.D. in economics from the State University of New York - Binghamton. He began his academic career at Lehigh in 1980, after serving for two years as a staff economist for the President's Council on Wage and Price Stability. He served for ten years as a member of Pennsylvania Department of Environmental Resources' Air and Water Quality Technical Advisory Committee. He was a Visiting Scholar at the Advisory Commission on Intergovernmental Relations in Washington, D.C. and a Fulbright Scholar at the National University of Ireland, Galway.

Research Interests

• State and Local Public Pension Systems
• School District Bond Financing
• Constitutional Referendum Voting in Ireland
• Capital Cost of Wastewater Treatment in Ireland

Selected Publications

• "The Sequence of Decisions Facing School District Officials in the Bond Issuing Process: A Multistage Model," Journal of Education Finance, Vol. 28, pp. 113-131, 2002. (with Mary H. Harris)
• "Wealth Transfer Taxes in the U.S. System of Fiscal Federalism: A Levy Still in Need of Reform," Publius, Vol. 31, No. 3, pp. 151-172, 2001. (with J. Richard Aronson)
• "(Non)Equivalence in a Federalism: Dual Tax Shares, Flypaper Effects and Leviathan," Public Choice, Vol. 89, Nos. 1-2, pp. 53-62, 1996. (with J. Richard Aronson)
• "Economic Incentives and Political Institutions: Spending and Voting in School Budget Referenda," Journal of Public Economics, Vol. 49, No. 1, pp. 1-33, 1992.
  (with Thomas Romer and Howard Rosenthal)
• "Electricity Demand in Multi-Family, Renter-Occupied Residences," Southern Economic Journal, Vol. 57, No. 1, pp. 178-194, 1990. (with John P. Formby and Larry W. Taylor)
• "Economic Objectives Within a Bureaucratic Decision Process: Setting Pollution Control Requirements Under the Clean Water Act," Journal of Environmental Economics and Management, Vol. 17, No. 1, pp. 35-53, 1989. (with Arthur G. Fraas)