Edward J.
Deak, Ph.D.
Employment:
Department of Economics, 1970-present Tel: 1-203-254-4000 x-2866
Fairfield University Fax: 1-203-254-4074
Fairfield, CT 06430 E-mail: deak@fair1.fairfield.edu
Professor, 1980; Tenured 1974 www.edwardjdeak.com
Department Chair 1986-99 Home Tel: 1-203-268-6088
Education:
Ph.D. University of Connecticut 1974; Concentration: Economics
Thesis Topic: Environmental
Factors in Transportation Planning.
M.A. University of Connecticut 1966; Concentration: Economics
A.B. University of Connecticut 1965; Concentration: Economics + Politics.
Areas of
Specialization: Teaching + Research
Regional Economic Analysis: CT & New England Antitrust and Regulation
Global Competition & Competitiveness Industrial Organization
Human Capital Evaluation Banking and Finance
Business Decision-making Transportation Economics
Global e-Commerce
Significant
Publications: (Most have been
peer reviewed)
Currently under book
contract with South Western Publishing, The Economics of e-Commerce and the
Internet, signed December 2000, final text completed January 2003,
publication date March 2003.
The following are the recent numbers in a series of semi-annual state economic forecasts entitled “The Connecticut Economic Outlook”, published in The New England Outlook, Economic Outlook Conference Series, Boston MA, The New England Economic Project. Subtitles cover special topics that were part of each forecast report. Dr. Deak has had articles as part of this series twice annually from October 1983 to the present. The articles are peer reviewed by the executive members of the Quality Group.
October 29,
2002, pp. 15-32, Surviving the Revenue Recession: Public Priorities,
Tax Policy and
New England’s Economic Future.
May 29,
2002, pp. 19-35, Changing Demographics: Implications for New
England.
October 30,
2001, pp. 15-29, The Road to Recession and Recovery for New
England and the
Nation, pre- and post-September 11th.
May
31, 2001, pp.19-39, Revisiting New England’s Energy Future: Making
Markets Work.
October 31,
2000, pp.15-30, New Economy + Old
Education = A New England
Mismatch?
May 26, 2000, pp.15-35, New England: Global Transportation Hub or
Cul de
Sac?
October 28,
1999, pp. 11-29, How Will E-commerce
Transform Our Economy?
May 20,
1999, pp. 13-32, Approaching the New
Millennium: New England’s
Future in a High Risk Environment.
October 28, 1998, pp. 13-34, Is New England for Sale?: Effects of the
Mergers
and
Acquisitions Boom.
May 14,
1998, pp.17-38, New England’s
Competitiveness: Risks and
Opportunities in the Global Economy.
October 16,
1997, pp.13-33, Sustaining New England’s
Prosperity: The Evolving
Role of Financial Services.
May 22,
1997, pp. 11-32, Looking for Work(ers)?
Will Labor Shortages Derail
New England’s Economy?
October 17,
1996, pp. 13-31, Electricity
Restructuring and the New England
Economy.
May 1996, pp. 13-35, Travel and Tourism in New England.
October 1995, pp. 9-24, Information Technology in New England.
May 1995, pp. 13-30, Federal Budget Impacts on New England.
October 1994, pp. 13-30, New England Labor Markets.
Edward J. Deak, “The Economics of Insurance Coverage Post 9/11,” in 9/11: Economic Viewpoints, South-Western Publishing: Mason, OH 2002, pp.11-13.
Edward J. Deak and Phillip J. Lane, “Outmigration as Adjustment in New England”, in R.D. Norton editor, New Urban Strategies in Advanced Regional Economics, vol.10, JAI Press, Greenwich, CT 1996, pp. 45-71.
Edward J. Deak, “Regional Economic Forecasting: Illuminating a Moving Target”, in The Connecticut Economy, The Connecticut Center for Economic Analysis, Storrs CT, April 1995, p.3.
Edward J. Deak, “The Connecticut Glacier”, in Forecast, January/February 1994, vol.2 no.1, pp. 10-11.
Edward J. Deak, “Credit Union Economics at a Glance”, in League Directions, vol.9 no.6, April 23, 1991, p.3.
Edward J. Deak and Joan G. Walters, “Tariffs as Symbolic Communication, in Proceedings of the Conference on Cross-Cultural Negotiations and Communications, Sujohe University, Taipei, Taiwan R.O.C. 1988, pp. 81-99.
Edward J. Deak and Joan G. Walters, “Tariffs as Symbolic Communication”, in Fairfield Business Review Part 1, Winter 1987-88, pp. 25-35.
Edward J. Deak et al., “Hitting Home: The Impact of a Nuclear Arms Freeze on the Defense-Dependent Economy of Connecticut”, Social Science Journal, Vol.23 no.2 1986, pp. 248-267.
Edward J. Deak, “Market Segmentation is a Vital Tool in Shaping Strategies,” The Savings Bank Journal, Vol.64 no.5 July 1983, pp. 17-18.
Edward J. Deak, “New and Emerging Patterns in Consumer Loan Markets,” The Savings Bank Journal, Vol.64 no.4 June 1983, pp. 25-26.
Carol Lee Hilewick, Edward J. Deak, and Edward Heinze, “Rural Development: A simulation of Communications and Transportation Investment”, in Growth and Change, XI no.3 July 1980, pp. 26-38.
Edward J. Deak and Walter J. Smith, S.J., “Inflation and the Elderly”, in Aging nos. 299-300 (September-October 1979), pp. 3-9.
Carol Lee Hilewick, Edward J. Deak and Edward Heinze, “Investment in Communications and Transportation”, in Information Societies: Comparing the Japanese and American Experiences. Edited by Alex S. Edelstein, John E. Bowers and Sheldon M Harsel, Seatle WA: International Communications Center School of Communications, University of Washington, 1978, pp. 135-145.
Edward J. Deak and Edward Heinze, “New England and the Southeast: Interregional Effects of Regional Change”, The New England Journal of Business and Economics, IV (Spring 1978), pp. 1-15.
Carol Lee Hilewick, Edward J. Deak, Kay Kohl and Edward Heinze, Socioeconomic Impact of Investment in Transportation and Communication. Report prepared for the U.S. Department of Transportation Office of R&D Policy, Report No. DOT-TST-76T-7, Washington D.C.: August 1976.
Edward J. Deak and Paul Weiner, “An Economic Approach to the Development of a Public Participation Model for Highway Investment”, The New England Journal of Business and Economics, I (Fall 1997), pp. 1-23.
Paul Weiner and Edward J. Deak, Environmental factors in Transportation Planning. Lexington, MA: D.C. Heath & Co., 1972.
Congressional Testimony:
Edward J. Deak, “The Implications of the Year 2000 Computer Problem,” Senate Banking, Housing and Urban Affairs Committee, Field Hearing, February 17, 1998, Hartford CT, State Capital Building, published at: http://www.senate.gov/~banking/98_02hrg/021798/witness/deak.htm.
Edward J. Deak, “The Connecticut Economy”, in The New England Economy and Its Effecs on the Region’s Small Business, U.S. Senate, Washington D.C., USGOP 1991, pp. 3-12: Includes oral testimony at field hearing + written report.
Edward J. Deak, “The Impact of Inflation in the Cost of Living for Connecticut’s Senior Citizens”, in Inflation and its Impacts on the Elderly. Hearings before the Subcommittee on Human Services of the Select Committee on Aging, U.S. House of Representatives, 95th Congress, 2nd Session, Washington D.C. USGPO 1978, pp. 65-69; Oral Testimony pp. 17-23.
Consulting:
Connecticut Model Manager 1983 - present
The New England Economic Project: Boston MA
Responsibility: Create a semi-annual economic forecast for the
Connecticut economy working in cooperation with Economy.com of West
Chester PA,
Co-principle investigator along with Drs. Kurt Schlichting, Philip Lane and
Michael Tucker, “An Identification and Analysis of Options for the Relocation of
Three Rivers Community and Technical College.”
Responsibility: Report preparation under contract through Fairfield
University with the Connecticut Department of Economic and Community
Development, March 2001-June 2001.
Final Report Delivered: June 30,2001, 88 pages.
Consultant to private investment advisory and funds management firms including:
Charter Research and Investments
Pyramid Asset and Wealth Management Group
Co-principal investigator: “Credit Union Economic Report: July 2000-December
2002”. (with Prof. Philip Lane)
Responsibility: Prepare an economic analysis of conditions in the state and
national economies with reference to consequences for CT credit unions,
October 2000-February 2001.
Final Report Delivered: January 15, 2001, 42 pages.
Co-principal investigator: “An Economic, Social and Health Survey of the Town
of Greenwich CT”. (with Prof. Kurt Schlichting)
Responsibility: Provide a statistical analysis of the Town of Greenwich for
use in developing a needs assessment by the United Way and the
Greenwich Health Department, March 2000-March 2001.
Final Report Delivered: March 10, 2001, 40 pages.
Greater Bridgeport Regional Planning Agency, Bridgeport CT, 1994-95
Responsibility: Track and evaluate a variety of proposals for commercial
development of the ports of Bridgeport, New Haven and New London.
Served as expert witness to a variety of law firms on issues of:
Lost earnings and capacity resulting from accidental injury or death
Economic loss resulting from age discrimination or wrongful discharge
Economic damages resulting from wrongful birth
Economic damages resulting from predatory pricing.
Member, Board of Directors Coastline Terminals, 1997-present.
Responsibility: Oversee operations of ILA ESOP, owners and operators of
commercial bulk cargo ports in New Haven and Bridgeport.
Academic Awards:
Competitive winner Dr. Robert E. Wall Research Sabbatical for the Fall 2001 Semester
Project: The Economics of e-Commerce and the Internet.
Recent
professional presentations:
“Technological
Change, Convergence and the Strategic Struggle for Dominance in the
Entertainment Industry”, National Business and Economics Society 2003
Conference, March 5-8, 2003, Renaissance Conference Center, St. Thomas,
U.S.V.I.
The following talks and interviews dealt with topics relating to “Conditions in the National, Regional and State Economies”.
Economic Briefing, Cong. Rosa DeLauro, New Haven CT, January 24, 2003
CT Institute of Appraisers, Newington CT, January 21, 2003
Fairfield County Home Builders Association, Trumbull CT, January 8, 2003
WEZN 99-FM, on air feature interview, December 2, 2002
CT Economic Conference Board, Hartford LOB, November 12, 2002
New England Economic Project, Westborough MA, October 29, 2002
America’s Community Bankers, National Banking School, July 15, 2002
Hartford Area Business Economists, Hartford Club, June 18, 2002
Abington Savings Bank, Executive Breakfast, Rockland MA, June 5, 2002
New England Economic Project, Boston MA, May 29, 2002
Bethel Chamber of Commerce, Bethel CT, May 16 2002
CT Chapter American Institute of Banking, Berlin CT, April 24, 2002
New England Institute of Appraisers, Sturbridge MA, April 10, 2002
Financial Executives International, Darien CT, April 3, 2002
Connecticut Economic Research Council, Hartford CT LOB, February 19, 2002
Trumbull Chamber of Commerce, Trumbull CT, February 12, 2002
CT Institute of Appraisers, Berlin CT, January 29, 2002
Massachusetts Bankers Association Annual Meeting, Newton MA, January 25,
2002
Cable News 12, on air television interview, January 11, 2002
Fairfield County Home Builders Association, Fairfield CT, January 2, 2002
New England Economic Project, Framingham MA, October 30, 2001
CT Economic Conference Board, LOB Hartford CT, October 2, 2001
Economic Report to the principle investors Charter Research, Landmark Club,
Stamford CT, October 3, 2001.
Radio Station WEBE, Executive Breakfast, Westport CT, September 11, 2001
Community Bankers Association, Graduate Banking School, Fairfield CT,
July17, 2001
Abington Savings Bank, Client Breakfast, Rockland MA, June 6, 2001
New England Economic Project, Needham MA, May 31, 2001
Newtown Savings Bank, Incorporators Meeting, Newtown CT, May 8, 2001
Connecticut Turnaround Management Association, New Haven CT, April 16,
2001
Masuk High School, In service Social Studies Department, April 12, 2001
Economic Briefing, Cong. Rosa DeLauro, New Haven CT, March 23, 2001
CT Economic Conference Board, Rocky Hill CT, January 30, 2001
Economic Report to CT credit union CEO’s, Wallingford CT , January 23, 2001
CT Institute of Appraisers, Newington CT, January 23, 2001
CPTV Special on Economic Conditions in CT, January 20, 2001
CPTV Special on Economic Conditions in Bridgeport, January 20, 2001
Fairfield County Home Builders Association, Fairfield CT, January 3, 2001
Community Bankers, Graduate Banking School, Fairfield CT, July 21, 2000
Fairfield Chamber of Commerce, Annual Meeting, Fairfield CT, June 7, 2000
New England Economic Project, Boston MA., May 26, 2000
Keynote speaker, Annual Meeting of the Massachusetts Bankers Association,
Laguna Nigel CA, May 3, 2000l
American Institute of Banking, Newington CT, April 22, 2000
CT Institute of Appraisers, Newington CT, January 10, 2000
Fairfield Home Builders Association, Fairfield CT, January 5, 2000
Stamford H.S. Social Studies Faculty, December 14, 1999
Bridgeport Rotary, Bridgeport CT, November 30, 1999
New England Economic Project, Boston MA, October 28, 1999
Community Bankers, Graduate Banking School, Fairfield CT, July 20, 1999
Connecticut Home Builders Association, Ledyard CT, June 11, 1999
Abington Savings Bank, Executive Breakfast, Rockland MA, June 9, 1999
The New England Economic Project, Needham MA, May 20, 1999
Connecticut Home Builders Association, Ledyard CT., June 10, 1998
Western Massachusetts Home Builders Assoc., East Hampton MA., May 26,1998
The New England Economic Project, Needham MA., October 28, 1998
Institute for Retired Professionals, Fairfield University, May 1, 1998
Fairfield County Home Builders Association, Norwalk CT., February 4, 1998
Real Estate Appraisal Institute, Newington CT., January 12, 1998
Connecticut Consumer Credit Counseling Service (with U.S. Senator Christopher
Dodd), East Hartford CT., January 5, 1998.
“The Potential Economic Affects of the Century Date Change (Y2K) Problem.”
Southern New England Chapter AARP, Stratford CT, December 15, 1999
“Forum on the European Monetary Union”, Moderator/Chair, Fairfield University,
April 17, 1998.
“The Asian Financial Crisis”, Center for Economic Education, University of Connecticut
Stamford Campus, March 27, 1998.
“The Century Date Change (Y2K) Problem: The Possible Economic Impact on the U.S.,
New England and Connecticut”. Testimony Before the U.S. Senate Committee on
Banking, Housing and Urban Affairs Subcommittee on Financial Services and
Technology, Field Hearing, The State Capitol Building, Hartford CT., February 17,
1998.
Recent Professional Meetings Attended:
Semi-annual meeting Connecticut Economic Conference Board, Hartford CT LOB,
November 12, 2002
Semi-annual Macroeconomic Forecasting Conference, Economy.com, West Chester PA,
November 7-8, 2002.
Semi-annual Economic Outlook Conference, The New England Economic Project,
Westborough MA, October 29, 2002
Semi-annual Economic Outlook Conference, The New England Economic Project
Boston MA, May 29, 2002
Semi-annual Economic Outlook Conference, The New England Economic Project, Framingham MA, October 31, 2001
Semi-annual Meeting, Connecticut Economic Conference Board, LOB Hartford CT, October 2, 2001.
Federal Reserve Bank of New York, Conference on e-Commerce and Global Transactions Systems, New York NY, February 22-24, 2001.
Recent Public Service:
Governor’s appointee Connecticut Economic Conference Board, 1997-present
Chair 1997-1999
Member Accreditation Review Team, NECCU, Mt. Ida College, Newton MA,
November 14-16, 2000.
Member, Workforce Development Cluster Committee, CT DECD, 1997-98.
Member, Monroe Economic Development Commission, 1983-97.
Member, Monroe Police Commission, 1998-present; Chaired Chief Search 1998
Member, Monroe Scholarship Committee, 1996-present.
Member, Monroe Democratic Town Committee, 1990-present.
Lector, St. Stephen Parish, Trumbull CT, 1999-present.
Interviewed and
quoted on various economic topics by The
New York Times, The Wall Street Journal, The Washington Post, The Boston Globe,
U.S. News and World Report, Business Week Online, The Hartford Courant, The
Connecticut Post, Connecticut Magazine, The New Haven Register, CPTV,
Cablevision News 12, The Associated Press, The Kipplinger Newsletter, The
Hartford Business Journal, The Connecticut Business and Industry Association
Newsletter, Fairfield County Business Journal.
Recent University Service:
Member University Budget Committee, 2000-2002
Member University Research Committee, 1998-2000.
Chair, Department of Economics, 1986-99
Chair, Budget and Financial Section, University Reaccreditation Report, 1999-00
Chair, Budget and Financial Section, NCAA review of Fairfield University’s Athletics
Department, 2000
Member, Board of Directors, radio station WVOF-FM, 1979-present
Faculty Marshall, Graduation Ceremony, May 1980-2002.