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Michael P. Kelsay

Michael P. Kelsay is a Research Scholar at the Institute for Sustainable Prosperity. He has been member of the faculty in the Department of Economics at the University of Missouri – Kansas City (UMKC) since 1995. He received his B.A. and M.A in Economics from the University of Missouri – Kansas City and received his Ph.D. in Economics in 1993 at the University of Tennessee—Knoxville. While at the University of Tennessee, he was a Waste Management u0026amp; Education Institute PhD Fellow and he received a Department of Energy Fellowship at Oak Ridge National Laboratory. Additional academic honors have included an Outstanding Teacher of the Year award and an Excellence in Economics fellowship. Since 1994, Dr. Kelsay has held several consulting positions where he has specialized in commercial litigation matters. Kelsay has been the principal investigator for a number of grants funded by the public and private sectors over the past ten years. He has published over twenty articles, book chapters u0026amp; monographs and has made numerous presentations at professional meetings in addition to public seminars and workshops. Prior to his academic career, Kelsay was in the financial services sector for 13 years. He was Chief Executive Officer for Argentine Savings u0026amp; Loan in Kansas City, Kansas from 1982-1989. While serving as the CEO, he served on the boards of several neighborhood and non-profit organizations and was Chairman of the Christmas Campaign for the Salvation Army in Kansas City, Kansas.

Research Scholar and Member in the Department of Economics at the University of Missouri – Kansas City

Publications

The Cost of Unemployment and the Job Guarantee Alternative in Saudi Arabia

Executive Summary Youth unemployment, especially for women and university graduates, is one of Saudi Arabia’s most important challenges. The purpose of this study is threefold. First, we estimate the economic cost of unemployment in Saudi Arabia. Using a very conservative empirical methodology, we find that the cost of unemployment (for 2 million unemployed), in terms … Michael P. Kelsay Read More »
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