Management Project
Resume:
James Kurt Dew
Economic and Financial Research and Advice at Leviathan Inc
acao3j@r.postjobfree.com
Summary
I am currently self-employed in Economic and Financial Research and Advice.
I have worked for the Army in an advisory role: a one year tour withTRADOC, Afghanistan, and a one year
tour as Economic Advisor to CJ9 in Iraq.
I have spent much of my career consulting to or employed by various financial institutions, including
Manufacturers Hanover Trust, The CME Group, Harris Trust, Security Pacific, First Interstate Bank, and the
Commodities Exchange, INC.
I have taught Economics, Finance, Mathematics, and Statistics at various universities over the course of my
career.
Specialties: Management and Planning in Developing Nations;
Treasury Trading and Risk Management for Global Banking Organizations; Financial Consulting, Teaching
Economics, Finance, Mathematics, and Statistics.
Experience
Economic and Financial Research and Advice at Leviathan Inc
January 2013 - Present (11 months)
White Paper: The Economics of Afghanistan
Economic Policy Advice to the Military
Social Scientist at TRADOC, US Army Civilian
August 2011 - January 2013 (1 year 6 months)
Gather and analyze economic information for use by the US Army.
Adjunct Lecturer at Miami Dade College
June 2010 - August 2011 (1 year 3 months)
taught College Algebra and Business Statistics
Economics Adviser, CJ9 Plans, Baghdad at United States Department of Defense
August 2008 - September 2009 (1 year 2 months)
Economic policy advice in support of Iraqi development.
2 recommendations available upon request
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Fellow, Networks Financial Institute at Indiana State University
November 2006 - August 2008 (1 year 10 months)
Contributed articles to their series of papers.
Senior Lecturer at Griffith University
September 2005 - June 2008 (2 years 10 months)
Convenor, finance seminars; research on issues in bank regulation and innovation; convenor, courses in
Global Banking, Bank Credit Risk Management.
Bank of Baroda Chair of Risk Management at National Institute of Bank Management
January 2006 - February 2006 (2 months)
Faculty development. Deliver seminars to students and faculty. Keynote Speaker: Central Bank of India
Conference on Bank Risk Management
Assistant Professor at Isik University
2000 - 2005 (5 years)
Organized and developed finance area of I##k’s School of Management Sciences. Taught core finance
courses and electives in Bank Management, Investments and International Financial Markets. Taught
executive MBA and PhD. courses in Finance.
CHAIRMAN, STANDARDS COMMITTEE at EMU
January 1998 - August 2000 (2 years 8 months)
OF BUSINESS AND ECONOMICS
Established methodology for evaluating the quality of coursework offered at EMU, Applied them to various
programs in the Faculty.
ASSISTANT PROFESSOR OF FINANCE at EMU
September 1997 - August 2000 (3 years)
Coordinate and teach core required Corporate Finance, graduate and undergraduate; Teach Financial
Institutions Management and International Financial Markets, undergraduate electives; teach Financial
Institutions Management, and International Financial Markets graduate electives.
Chairman, Standards Committee of Faculty of Business and Economics.
ASSISTANT PROFESSOR at City University
September 1993 - September 1997 (4 years 1 month)
PROJECT CO-MANAGER, CITY UNIVERSITY OF NEW YORK - SHANGHAI UNIVERSITY
BUSINESS DEVELOPMENT PROJECT. Managed the CUNY team in a project to upgrade the curriculums
of the two schools.
Project co-manager, Shanghai University-CUNY joint project to offer business-related coursework. at
CITY UNIVERSITY OF NEW YORK
May 1994 - December 1994 (8 months)
Managed the CUNY team in a project of the two schools to offer new coursework to local nationals hired by
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foreign firms.
ADJUNCT LECTURER at CUNY
February 1993 - September 1993 (8 months)
CUNY-COLLEGE OF STATEN ISLAND. Taught two sections of Introduction to Managerial Finance.
VICE PRESIDENT at Credit Agricole
October 1989 - February 1993 (3 years 5 months)
TREASURY, ESTABLISHED ASSET-LIABILITY MANAGEMENT FUNCTION OF THE BANK IN
THE UNITED STATES. ORGANIZED AND MANAGED SWAP TRADING DESK. ESTABLISHED
THE TREASURY SALES FUNCTION. CREDIT AGRICOLE WAS THEN THE SECOND LARGEST
FRENCH BANK AND THE TWELFTH LARGEST BANK WORLDWIDE.
PRODUCT CONSULTANT at CME Group
September 1986 - October 1989 (3 years 2 months)
NEW MARKET DEVELOPMENT, COMMODITIES EXCHANGE INC. (COMEX). DESIGNED NEW
FUTURES CONTRACTS IN REPURCHASE AGREEMENTS AND INTEREST RATE SWAPS, AND
PREPARED REGULATORY SUBMISSIONS TO APPROPRIATE GOVERNMENT AGENCIES.
COMEX WAS A SUCCESSOR EXCHANGE TO THE CHICAGO MERCANTILE EXCHANGE.
External Consultant at Four of Top 10 US Banks, Commodities Exchange, Inc.
January 1989 - September 1989 (9 months)
Advise on risks associated with use of financial futures, development of new futures contracts.
President, Manufacturers Hanover Futures, Inc. at JPMorgan Chase
January 1983 - December 1986 (4 years)
Managed Manny Hanny's Futures Brokerage and the treasury's Interest Rate Swaps/Eurodollar Futures
arbitrage operations
Member at Chicago Mercantile Exchange
September 1984 - September 1986 (2 years 1 month)
Member, Interest Rate Futures Committee,
Equity Index Committee,
Financial Instruments Advisory Committee, Chicago Mercantile Exchange
President, Manufacturers Hanover Futures, Inc. at JPMorgan Chase
January 1983 - September 1986 (3 years 9 months)
Established, gained regulatory approval for, and managed a de novo futures brokerage subsidiary for
Manufacturers Hanover Trust * one of the first bank futures subsidiaries.
BANKING CONSULTANT at Multiple
January 1981 - January 1983 (2 years 1 month)
Designed strategies for reducing funding costs by creating "synthetic" bank liabilities from Eurodollar
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futures. Developed the concept of the "Effective Gap", an Asset-Liability Management tool for banks.
Clients included Harris Trust, Manufacturers Hanover, First Interstate, Security Pacific.
Director of Financial Research at Chicago Mercantile Exchange
January 1979 - January 1981 (2 years 1 month)
Wrote Contracts and Economic Justification for Eurodollar and Standard and Poors Futures contracts.
Provided key testimony in July 1980 CFTC injunction against CME's right to list new contracts. The court
found in favor of CME.
1 recommendation available upon request
ADJUNCT LECTURER at NORTHWESTERN UNIVERSITY GRADUATE SCHOOL
January 1980 - June 1980 (6 months)
BUSINESS. Taught the Kellogg School's course in financial futures.
ECONOMIST at Federal Reserve Bank of San Francisco
January 1974 - January 1979 (5 years 1 month)
Wrote articles analyzing public and private benefits of new financial instruments, trading strategies, and
markets. Advised the President of the Bank on monetary policy alternatives and their effects on the economy.
Senior Financial Economist at Federal Reserve Bank of San Francisco Economic Review
January 1974 - January 1975 (1 year 1 month)
Gold Policy, The Thirties and the Seventies; PUBLICATIONS IN THE AMERICAN BANKER:
Bank Use of Gold Futures; March 11, 1981
A Comparison of Treasury Bill Futures with Treasury Bond Spreads; April 17, 1981
Using the Asset-Liability Gap as a Measure of Bank Interest Rate Risk; June 10, 1981
Comment on Bank Involvement in Futures Markets; August 31, 1981
Procedures for Measurement of Interest Rate Risk; September 18, 1981
Discussion of the Effective Gap; December 9, 1981
Using Contingent Claims to Enhance Stock Valuation
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Publications
What Does Economics Have To Say About Afghanistan’s Future?
Social Science Research Network January 9, 2013
Authors: James Kurt Dew
Using three market examples: opium, grapes, and timber; this paper illustrates mismanagement of Afghan
economic affairs. These examples show an adverse effect of Western influence since the 9/11 invasion.
Economic policy in Afghanistan is based on the history of capitalism, not the principles of economics. This
mistake has been catastrophic. The Science of Economics has predictive power in Afghanistan if Afghan
beliefs are distinguished from Western beliefs. Once Afghan attitudes are understood, Afghanistan is more
easily managed. The greatest economic distinction between the West and Afghanistan is the absence of
individual rights, particularly, in economic terms, property rights – in Afghanistan. A focus on self-interests
of Afghans, instead of property rights and foreign spending would lead to better economic outcomes in
Afghanistan.
Projects
insider trading
January 2010 to January 2011
Members:James Kurt Dew
Fama and French (2006) show passive investment creates outsider efficient portfolio choice when inside
information is exogenous. However, in Kane's alternative, investor passivity leads to outsiders' demise. We
show that both results are consistent with the Fama-French analysis. It is the initial conditions that differ.
Exogenous inside information - learned but not disclosed - produces Fama-French results. Kane assumes
inside information is endogenous - generated creatively to maximize insider wealth. This difference is
decisive for passive investors. A test shows that Mexico, Turkey and Thailand markets behave as though
misinformed; German markets; as though better informed, and United States, best informed.
several
January 1972 to January 2013
Members:James Kurt Dew
professional papers on SSRN
Skills & Expertise
Economics
Econometrics
Economic Development
International Economics
Economic Modeling
Financial Analysis
Financial Modeling
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Banking
Investment Banking
Statistics
Statistical Arbitrage
Applied Mathematics
Risk Management
International Development
Macroeconomics
Strategic Planning
Policy Analysis
Social Network Analysis
Credit Risk
Equities
Derivatives
Time Series Analysis
Higher Education
Economic Policy
Corporate Finance
Monte Carlo Simulation
Financial Markets
Finance
Data Analysis
Matlab
Qualitative Research
Stata
R
Trading
Management Consulting
International Relations
Market Research
Strategy
Development Economics
Investments
Government
Monetary Policy
Quantitative Analytics
Statistical Modeling
Analysis
Project Planning
Business Strategy
Program Management
Microeconomics
Economic Research
Languages
Turkish
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Education
Texas A&M University
PhD, Economics, 1969 - 1972
Grade: 3.6
Xavier University
MS, Mathematics, 1966 - 1968
The College of Wooster
BA, Mathematics, 1963 - 1966
Grade: 3.0
Activities and Societies: Soccer Team
Honors and Awards
Fellow, Global Association of Risk Professionals
Fellow, Networks Financial
Interests
Strategic Planning
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James Kurt Dew
Economic and Financial Research and Advice at Leviathan Inc
acao3j@r.postjobfree.com
3 people have recommended James Kurt
"Kurt is a highly qualified expert in Finance and Economics. His insight and ability to communicate helped
the division to improve its understanding of Iraqi finance and economics. He consulted with the Government
of Iraq in this role, giving them much needed insight into the economic needs of the nation. He was a great
asset to us in our mission to help iraq acheive stability and peace."
Gayland Pounder, Regional Support, Multi-National Force, Iraq, worked directly with James Kurt at
United States Department of Defense
"I had the honor and pleasure to work with Kurt Dew at Isik University Department of Management. We
were both teaching finance at Isik. Discussing about research or business life with Kurt has been among the
most enriching and unique experiences of my professional life. I learned a lot from him. He was my mentor
and role model. He is one of the most brilliant and original minds I have ever met. It is an honor and privilege
for me to have him as my friend and colleague."
Kerem Senel, CFO, Elginkan, worked directly with James Kurt at United States Department of Defense
"Kurt was responsible for developing new products and worked, for example, on the development of the
$Euro interest rate contract. This is the most successful contact at the CME and Kurt was instrumental in its
success. Kurt is bright, insightful and creative."
Terrence Martell, Director Weissman Center for International Business, Baruch College, CUNY, worked
directly with James Kurt at Chicago Mercantile Exchange
Contact James Kurt on LinkedIn
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