Peter Formuzis, Ph.D.
EMPLOYMENT
- Economist and Principal in Formuzis, Hunt and Lanning, Inc.
- Professor of Economics Emeritus, California State University, Fullerton
EDUCATION
- B.A., Economics: Washington State University, 1963
- Ph.D., Economics: Michigan State University, 1969
DOCTORAL DISSERTATION
- A Deposit Run Model of Member Bank Borrowing
RESEARCH FIELDS
- Monetary Economics, Macroeconomics, and Law and Economics
EXPERIENCE
- Economic Consultant, Formuzis, Hunt and Lanning, Inc., 1982 – present
- Associate Professor and Professor of Economics, California State University, Fullerton, 1976-1991
- Director of Graduate Program in Economics, California State University, Fullerton, 1976-1979
- Associate Professor and Chairman, Department of Economics, University of Montana,1967-1976
- Visiting Professor of Economics, University of Wyoming, 1974-1975
- Executive Committee, Western Economic Association. Elected Member, 1973-1976
- Visiting Professor of Economics and Research Economist, Board of Governors of the Federal Reserve
- System, Washington, D.C., 1969-1970
- Economic Advisor, Board of Directors of the Federal Reserve Bank of Minneapolis, 1972-1976
- Visiting Summer Scholar, Federal Reserve Bank of Minneapolis, 1968
- Consultant: Montana State Board of Equalization
- Montana Highway Commission
- Montana Bancorporation
- Los Angeles County Wide Planning Commission El Camino Bank
- Law firms since 1973
PROFESSIONAL ASSOCIATIONS
- American Economic Association
- Western Economic Association
- National Association of Forensic Economists; Vice President
PUBLICATIONS
- “Demand for Money in Canada,” Canadian Journal of Economics,1968
- “State Income Taxes and Sales Taxes,” Montana Business Quarterly, 1968
- “The Solution of Qualitative Comparative Static Problems,” Quarterly Journal of Economics, November 1970
- “A Deposit Run Model of Member Bank Borrowing,” Journal of Finance, 1971
- “Demand for Euro-Dollars and the Optimum Stock of Bank Liabilities,” Journal of Money, Credit and Banking, 1973
- “Bank Capital: The Deposit-Protection Incentive,” Journal of Bank Research, 1976
- “Inflation and the Valuation of Future Economic Losses,” Montana Law Review, Summer 1977
- “How Likely is a Return to Price Stability,” Los Angeles Business and Economics, Fall 1978
- “Inflation, Progressivity and State Income Tax Revenues and Expenditures,” Policy Studies Journal, Autumn 1980. Reprinted in Taxing and Spending Policy, Samuels and Wade, Eds., Lexington Books 1980.
- “The Present Value of Economic Loss: A Readers Guide to Jones & Laughlin v. Pfeifer,” (Joyce Pickersgill, co-author), Trial, February 1985.
- “Converting Present Value Awards Into Periodic Payments”, (Joyce Pickersgill, co-author), Journal of Forensic Economics, August 1989.
- “Term-to-Maturity and the Discount Rate”, The Earnings Analyst, Volume 15, 2016.