John Spry

Associate Professor, Finance

jaspry@stthomas.edu

(651) 962-4689

Minneapolis Campus
1000 LaSalle Ave
Terrence Murphy Hall 470F
Minneapolis, MN 55403

B.S., Economics major, Math minor, The Ohio State University
M.A., Economics, University of Rochester
Ph.D., Economics, University of Rochester

See publications in UST Research Online

John A. Spry is an associate professor in the Finance Department. He earned his B.S. in economics at Ohio State University, and his M.A. and Ph.D. in economics at the University of Rochester. He has been a member of the faculty at Rutgers University and was a visiting professor at Brandeis University and Ball State University. He has authored several publications in scholarly journals, has made frequent conference presentations and has served as a reviewer for academic journals. His current areas of research are state and local public finance, the economics of state lotteries, the effects of tax rates on tax bases and applied non-parametric econometrics. His work as a consultant includes a report on the economics and taxation of riverboat casinos for the Indiana Legislature and a report on tax expenditures and the budget process for the Minnesota Department of Revenue. He was a member of the Minnesota Governor's 21st Century Tax Reform Commission.

Summer 2015 Courses
Summer 2015 Courses
Crs - Sec Title Days Time Location
Fall 2015 Courses
Fall 2015 Courses
Crs - Sec Title Days Time Location
FINC 450 - 01 Int'l Financial Management - T - R - - - 1330 - 1510 MCH 232
Description of course Int'l Financial Management : CRN: 42944
The management of foreign and multinational financial operations. On the basis of international finance theory, students will learn foreign exchange risk management, foreign investment analysis, the financing of foreign operations, comparative accounting, international banking and international tax management. Prerequisites: FINC 324, MATH 109 or 111 or 113, and BETH 301

Schedule Details

Location Time Day(s)
GBEC 600 - 201 Econ of Org and Management - T - - - - - 1800 - 2100 TMH 353
Description of course Econ of Org and Management : CRN: 42958
Economic concepts offer a foundation for understanding managerial decision making within an organizational context and the interactions of organizations in the marketplace. A broad range of topics and concepts will be integrated into lectures, discussions, and case analyses. Topics include: the theory of the firm, including principal - agent issues and incentive contracts; market (demand and supply) analysis, competitive dynamics and strategy implications, internal and external labor markets, decision making in risk-related environments, and government policies affecting management decisions. The emphasis on the U.S. and on market-based economies will be considered in a global context. Prerequisite: DSCI600 or OPMT 600

Schedule Details

Location Time Day(s)
GBEC 600 - 202 Econ of Org and Management - - - R - - - 1800 - 2100 TMH 353
Description of course Econ of Org and Management : CRN: 42959
Economic concepts offer a foundation for understanding managerial decision making within an organizational context and the interactions of organizations in the marketplace. A broad range of topics and concepts will be integrated into lectures, discussions, and case analyses. Topics include: the theory of the firm, including principal - agent issues and incentive contracts; market (demand and supply) analysis, competitive dynamics and strategy implications, internal and external labor markets, decision making in risk-related environments, and government policies affecting management decisions. The emphasis on the U.S. and on market-based economies will be considered in a global context. Prerequisite: DSCI600 or OPMT 600

Schedule Details

Location Time Day(s)
J-Term 2016 Courses
J-Term 2016 Courses
Crs - Sec Title Days Time Location
Academic and Professional Positions
  • Associate Professor of Finance, University of St. Thomas, St. Paul / Minneapolis (2007 - present)
  • Assistant Professor of Finance, University of St. Thomas, St. Paul / Minneapolis (2006 - 2007)
  • Assistant Professor of Economics, University of St. Thomas, St. Paul / Minneapolis (2003 - 2006)
  • Visiting Assistant Professor of Economics, Ball State University, (2001 - 2003)
  • Assistant Professor, Rutgers University, New Brunswick (1999 - 2002)
  • Lecturer, Brandeis University, Waltham (1998 - 1999)
  • Lecturer, University of Rochester, Rochester (1996 - 1998)
  • Teaching Assistant, University of Rochester, Rochester (1995 - 1997)

Professional Memberships
  • American Economic Association
  • Econometric Society
  • Minnesota Economic Association
  • National Tax Association
  • Southern Economic Association
  • Western Economic Association

Professional Service
  • Applied Economics, Reviewer

Publications
  • Combs, K. L., Crowley, J. E., & Spry, J. A. (2014). The effect of New Jersey lottery promotions on consumer demand and state profits. Eastern Economic Journal, (40), pp. 326-348
  • Combs, K. L., & Spry, J. A. (2012). Who plays the numbers games in the middle of the day?. Applied Economics, (44)(7), pp. 889-897
  • Blumenthal, M., Kalambokidis, L., Kiedrowski, P. J., Spry, J. A., Temple, J., & Wahl, J. (2011). Tax expenditure review report: Bringing tax expenditures into the budget process. (Doc 2011-5959), p.171
  • Combs, K. L., Kim, J., & Spry, J. A. (2008). The relative regressivity of seven lottery games. Applied Economics, (40)(1), pp. 35-39
  • Spry, J. A. (2005). The effects of fiscal competition on local property and income tax reliance. Topics in Economic Analysis and Policy, (5)(1), pp. 1-19
  • Spry, J. A., & Crowley, J. E. (2004). Assessing the impact of monopoly toll road service areas. Eastern Economic Journal, (30)(3), pp. 381-397
  • Spry, J. A., Coelho, P. R., & McClure, J. E. (2003). The social responsibility of management: A reprise. Mid-American Journal of Business, (18)(2), pp. 51-55
  • Spry, J. A., Coelho, P. R., & McClure, J. E. (2003). The social responsibility of corporate management: A classical critique. Mid-American Journal of Business, (18)(1), pp. 15-24

Books and Chapters
  • Combs, K. L., & Spry, J. A. (2009). Economics of Betting Markets. In David Peel (Ed.), The relative regressivity of seven lottery games Ch 5. Routledge
  • Combs, K. L., Gray, C. M., & Spry, J. A. (2007). Updated managerial economics and organizational architecture test bank. McGraw-Hill
  • Spry, J. A., Coelho, P. R., & McClure, J. E. (2004). Corporate Social Responsibility: Contemporary Insights.. The social responsibility of corporate management: A classical critique, Ch 3 (pp. 54-76). Hyderabad, India: CAFAI Press

Research Interests
  • Competition
  • Economic Markets - Domestic
  • Governance
  • Public Finance

Presentations
  • "Revisiting lottery regressivity after the powerball and mega millions merger" OCB Faculty Research Symposium, Minneapolis, Minnesota, April 01, 2014
  • "Revisiting lottery regressivity after the powerball and mega millions merger" National Tax Association, Tampa, Florida, November 01, 2013
  • "The effect of New Jersey lottery promotions on consumer demands and state profits" WEA - Western Economic Association International Annual Conference, Seattle, Washington, July 01, 2013
  • "The effect of New Jersey lottery promotions on consumer demands and state profits" OCB Faculty Research Symposium, Minneapolis, Minnesota, April 01, 2013
  • "The responsiveness of casino tax revenue to the casino tax rate" OCB Faculty Research Symposium, Minneapolis, Minnesota, April 01, 2013
  • "The revenue not taken: Tax expenditures and the budget process" Policy Analysis Conference, University of Minnesota - Saint Paul, MN, October 12, 2012
  • "Taxation and interstate competition in Midwest casinos" Federation of Tax Administrators Revenue Estimation and Tax Research Conference, Charleton, WV, October 19, 2011
  • "Casino mergers, acquisitions, and the "Harrah's effect": Case studies of casino consolidation on state gaming revenue" Western Economic Association International Conference, San Diego, CA, July 01, 2011
  • "Casino mergers, acquisitions, and the "Harrah's effect": Case studies of casino consolidation on state gaming revenue" National Tax Association Annual Conference, Chicago, IL, November 01, 2010
  • "Taxation and interstate competition in Midwest casinos" National Tax Association, Denver, Colorado, November 01, 2009
  • "Corporate tax reform in the states" National Tax Association, Denver, Colorado, November 01, 2009
  • "Casino taxation: A preliminary analysis of the effects of Illinois 2003-2005 tax rates on Illinois casino AGR" Western Economic Association, Vancouver, Canada, July 01, 2009
  • "Diversity increases gains from trade" American Economic Association, San Francisco, California, January 01, 2009
  • "The increase in Ohio Lottery Pick 3 and Pick 4 sales from introducing midday drawings" National Tax Association Annual Conference., Philadelphia, PA, November 01, 2008
  • "Who plays the numbers games in the middle of the day?" National Tax Association, Philadelphia, PA, November 01, 2008
  • "The demand for Minnesota lottery games: Point of sale vs. place of residence" Western Economic Association, Honolulu, Hawaii, June 01, 2008
  • "The demand for lottery tickets: The relative regressivity of seven lottery games and NJ twice daily" , Mankato, Minnesota, April 01, 2008
  • "Consumer response to New Jersey lottery pick 3 green ball and pick 4 red ball lottery promotions" Midwest Economic Association, Cleveland, Ohio, January 01, 2008
  • "Who plays the numbers games in the middle of the day?" Western Economic Association, Seattle, WA, July 01, 2007
  • "Who plays the numbers games in the middle of the day?" Western Economic Association, Seattle, Washington, June 01, 2007
  • "Who plays the numbers games in the middle of the day?" Midwest Economic Association, Minneapolis, Minnesota, March 01, 2007
  • "Reversion budget rules in a repeated agenda-setting model" Missouri Economic Conference, Columbia, Missouri, March 01, 2007
  • "The demand for Minnesota lottery games: Point of sale vs. place of residence" Western Social Science Association, Phoenix, AZ, April 01, 2006
  • "A benefit-cost analysis of Indiana's riverboat casinos for FY 2005" A Report to the Indiana Legislative Council and the Indiana Gaming Commission, Indianapolis, Indiana, January 01, 2006
  • "The relative regressivity of seven Minnesota lottery games" Western Economic Association, San Francisco, CA, November 01, 2005
  • "The relative regressivity of seven Minnesota lottery games" National Tax Association conference, Miami, Florida, November 01, 2005
  • "The relative regressivity of seven Minnesota lottery games" National Tax Association, Miami, Florida, November 01, 2005
  • "The relative regressivity of seven Minnesota lottery games" Western Economic Association, San Francisco, CA, July 01, 2005
  • "Tax and Expenditure Limitations and the Median Voter" National Tax Association, Minneapolis, Minnesota, November 01, 2004
  • "The Determinants of Indiana Lottery Sales" National Tax Association, Chicago, Illinois, November 01, 2003
  • "'The Determinants of Indiana Lottery Sales" Missouri Economic Conference, Columbia, Missouri, April 01, 2003