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LETU Business Students to Present at Economics Scholar Program in Dallas


Four LeTourneau University business students have been accepted to present their research at the Economics Scholar Program conference for undergraduate research, sponsored by the Federal Reserve Bank of Dallas, on Friday, March 30, in Dallas.

Two finance majors, Samuel Epp, a junior from Hesston, Kansas, and Erika "Kika" Lacy, a senior from Saint Francis, Kansas, have co-written a research paper titled "S&P Downgrades US Credit Rating and the Effect on Wells Fargo Company," and will present in a formal conference setting at the event.

Finance major David Stark from Lakeland, Fla., and Jennifer Hamilton, international business major from Winchester, Calif., were also accepted for a poster presentation, titled "Abnormal Returns in the Japanese Market." Their paper examined the effects of the 2011 Japanese earthquake and tsunami on the Japanese stock market using the Nikkei 225 index to represent returns before and after the natural disasters. They will present their research at their booth at the conference.

All of the students' research was completed as part of their Advanced Finance course, taught by Fulbright Scholar and LETU finance and economics professor Dr. Juan Castro.

"Our students worked very hard and submitted very high caliber research proposals," Castro said. "These papers were considered among more than 100 papers from many large private and public universities, so we are very proud that their work was accepted for presentation."

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