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Alan Peter Hochstein, PhD

Professor, Department of Finance

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Biography

Dr. Hochstein teaches in the areas of general finance and business economics. Before joining Concordia's Finance Department, he taught economics at McGill's graduate business school for a number of years. He has presented papers at conferences in Canada, the U.S. and Europe. He has written a microeconomics and a macroeconomics textbook and has published in the Canadian Personnel and Industrial Relations Journal, Canadian Public Policy, The Gerontologist, The Atlantic Economic Review and Canadian Journal of Marketing Research. Although he has done research in general business economics areas, his main interest is in the health economics field.  He has held several senior administrative positions including Associate Vice Rector, Acadmic, Director of MBA, EMBA, AMBA,  and GDBA/GCBA Programs, Associate Dean of the Business School and held the position of Dean for one year.

Research areas: Business Economics

Teaching domains: Economics, Finance

Intellectual contributions (last 10 years)

Peer-reviewed journal articles

HOCHSTEIN, A. P. (2020). The Harrod-Domar model, the money market and the elasticity of the investment demand curve. International Advances in Economic Research, 26 (2), 197-198. doi:10.1007/s11294-020-09784-2.

HOCHSTEIN, A. P. (2019). The investment multiplier: A comparison of three alternative approaches. International Advances in Economic Research, 25 (3), 365-366. doi:10.1007/s11294-019-09738-3.

HOCHSTEIN, A. P. (2018). The accelerator theory in a Keynesian framework does not work. International Advances in Economic Research, 24 (2), 199-200. doi:10.1007/s11294-018-9676-x.

HOCHSTEIN, A. P. (2017). The Harrod-Domar model in a Keynesian framework. International Advances in Economic Research, 23 (3), 349-350. doi:10.1007/s11294-017-9639-7.

Conference presentations

HOCHSTEIN, A. P. (2025). Out-of-Equilibrium and the production possibility curve. Southern Economic Association Annual Conference, Tampa, FL.

HOCHSTEIN, A. P. (2023). IS,LM and Economic Cycles. International Atlantic Economic Society Conference, Philadelphia, PA.

HOCHSTEIN, A. P. (2023). Off the IS-LM Curves and the C+I and S,I diagrams. Southern Economic Association Conference, New Orleans, LA.

HOCHSTEIN, A. P. (2019). Harrod-Domar theory of growth: Adding the money market and the elasticity of the investment demand curve. International Atlantic Economic Society (IAES) Conference, Miami, FL.

HOCHSTEIN, A. (2018). Comparing three approaches of the investment multiplier. International Atlantic Economic Society (IAES) Conference, New York, NY.

HOCHSTEIN, A. (2017). The accelerator theory in a Keynesian framework – It doesn’t work. International Atlantic Economic Society (IAES) Conference, Montreal, QC.

Student supervision (last 10 years)

Theses supervised completed

Theses committee membership

MSc theses

2024: Alexander Sarandiev, The Impact of Foreign Migration to Canada on REIT Operating Performance

2024: Solanki Radhika Ghanshyam, Impact of Inflation on the Cost of Capital: Evidence from United States

2024: Marshal Dhamani, Inflation Differentials and the Diversification Benefits of Small Cap Equities in Emerging Markets for US Investors

2024: Iris Stefania Vasiliu, Assessing the Impact of Climate-Related Risks on Canadian Real Estate Investment Trusts: Insights and Implications for Investors

2022: Alison Cabana-Wong, The relationship between inflation and small-cap premiums and evaluating small-cap stocks as a hedge to inflation for G7 countries

2022: Phil Wei, The Performance of Style Based Portfolios Across the Business Cycle, A Review of the Literature.

2021: Oluwafunmilayo Matuluko, The Performance and Pricing of Dividend Rate-Reset Preferred Shares in Canada

2020: Susan Bianca Pollock, Equity vs. inside debt compensation of CEOs and firm performance: New evidence

2019: Tien-Dat Nguyen, MSc Thesis

2019: Xinkai Zhai, IPO performance and the size effect: Evidence for the US and Canada

Teaching experience (last 5 years)

John Molson School of Business

Undergraduate

2024: COMM220 Analysis of Markets

Graduate

Since 2025: GIIM610 Economics
Since 2017: MBA645 Economics for Organizational Decision Making
2013 - 2023: GIIM610 Economics

External

Since 2015: Economics for Finance - eConcordia

Work experience

John Molson School of Business

Since 2005: Professor, Department of Finance

2010 - 2011: Interim Dean

2007 - 2010: Associate Dean, Master’s and Diploma Programs

2007 - 2010: Director MBA Program, GDBA and GCBA Programs (Graduate Diploma and Graduate Certificate in Business Administration)

2002 - 2006: Director, Investment Management MBA Program

1988 - 2005: Associate Professor, Department of Finance

2000: Acting Director AMBA Program - Replacing the Permanent Director who had to be out of Town

1998 - 2000: Director, Executive MBA Program

1999: Acting Director AMBA Program - Replacing the Permanent Director who had to be out of Town

1999: Acting Chair, Department of Finance - Replacing the Permanent Chair who had to be out of Town

1998: Acting Director AMBA Program - Replacing the Permanent Director who had to be out of Town

1995 - 1997: Director, Professional MBA Program

1992: Director, MBA Program

1988 - 1991: Director, MBA Program

1984 - 1988: Assistant Professor, Department of Finance

Concordia University

1994 - 1995: Associate Vice Rector, Academic
Concordia University, Canada

External

Academic

2014 - 2015: Academic Director, Family Wealth Program (Program Ran Nov. 19- Nov 22, 2015)
John Molson Executive Centre (JMEC), Canada

Industry

1992 - 1993: Consultant for the Pharmaceutical Industry to Prepare A Co-Authored Report on Pharmacoeconomics for the Industry
Self-Employed Consultant

Education

Degrees

1979: Doctor of Philosophy in Economics
McGill University, Canada
1969: Master of Arts in Economics
McGill University, Canada
1966: Bachelor of Commerce
Sir George Williams University, Canada
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