Now showing items 1-20 of 328

    • Daughety, Andrew F.; Reinganum, Jennifer F. (Vanderbilt University, 2000)
      We examine the effect of "split-award" statutes (wherein the State takes a share of a punitive damages award) on equilibrium settlements and the incentives to go to trial. We find that split-award statutes simultaneously ...
    • List, John A.; Lucking-Reiley, David (Vanderbilt University, 2000)
      We test two recent theories on the subject of charitable fundraising in capital campaigns. Andreoni (1998) predicts that publicly announced seed contributions can increase the total amount of charitable giving in a capital ...
    • Atack, Jeremy; Bateman, Fred; Margo, Robert A. (Vanderbilt University, 2000)
      We use data from the manuscript censuses of manufacturing for 1850, 1860, 1870, and 1880 to study the dispersion of average monthly wages across establishments. We find a marked increased in wage inequality over the period, ...
    • Mani, Anandi; Mullin, Charles H. (Vanderbilt University, 2000)
      We examine the impact of a desire for social approval on education and occupation choice and model the endogenous determination of perceptions that influence such approval. In a two-sector overlapping generations framework, ...
    • Mullin, Charles H. (Vanderbilt University, 2000)
      Empirical researchers commonly use instrumental variable (IV) assumptions to identify treatment effects. However, the credibility of these assumptions are often questionable. This paper considers what can be learned when ...
    • Dugan, Kelly; Mullin, Charles H.; Siegfried, John J. (Vanderbilt University, 2000)
      Data on 2,822 Vanderbilt University graduates are used to investigate alumni giving behavior during the eight years after graduation. A two stage model accounting for incidental truncation is used to first estimate the ...
    • Berliant, Marcus; Peng, Shin-Kun; Wang, Ping (Vanderbilt University, 2000)
      We develop a discrete or finite household model with congestable local public goods where the level of provision, the number of facilities and their locations are all endogenously determined in a purely normative context. ...
    • Siegfried, John; Stock, Wendy A. (Vanderbilt University, 2000)
      The elapsed time taken to earn a Ph.D. in economics is analyzed with data from 618 1996-97 Ph.D.s. A duration model indicates that students supported by fellowships, and those holding a prior masters degree finish faster. ...
    • Jovanovic, Boyan; Rousseau, Peter L. (Vanderbilt University, 2000)
      Using 114 years of U.S. stock market data we try to relate movements in stock prices to changes in technology. We find Measures of technological progress explain 37% of the 3.9% annual growth in the stock market over the ...
    • Brett, Craig; Weymark, John A. (Vanderbilt University, 2000)
      In this article, the joint use of an income tax and public provision of education as instruments to achieve the government's distributional objectives are considered. Individuals differ in innate labour productivity and ...
    • Maneschi, Andrea (Vanderbilt University, 2000)
      This paper looks at the paradigm of the past two decades that goes under the name of "new trade theory" or "new international economics", and rejects the assumptions underlying mainstream trade theory such as constant ...
    • Berliant, Marcus; Reed III, Robert R.; Wang, Ping (Vanderbilt University, 2000)
      Despite wide recognition of their significant role in explaining sustained growth and economic development, uncompensated knowledge spillovers have not yet been fully modeled with a microeconomic foundation. The main purpose ...
    • Katkar, Rama; Lucking-Reiley, David (Vanderbilt University, 2000)
      Sellers in eBay auctions have the opportunity to choose both a public minimum bid amount and a secret reserve price. We ask, empirically, whether the seller is made better or worse off by setting a secret reserve above a ...
    • Bond, Eric W.; Trask, Kathleen; Wang, Ping (Vanderbilt University, 2000)
      This paper develops a two country endogenous growth model with accumulation of both physical and human capital. We establish the existence of two country balanced growth equilibria in which physical and human capital grow ...
    • Becsi, Zsolt; Li, Victor; Wang, Ping (Vanderbilt University, 2000)
      What happens when liquidity increases in credit markets and more funds are channeled from borrowers to lenders? We examine this question in a general equilibrium model where financial matchmakers help borrowers (firms) and ...
    • Chen, Been-Lon; Mo, Jie-Ping; Wang, Ping (Vanderbilt University, 2000)
      This paper develops an endogenous growth model with labor market matching and technology adoption. While labor market search and entry frictions lengthen technology diffusion, exogenous technology arrival may creatively ...
    • Jiang, Nien-Huei (Vanderbilt University, 2000)
      This paper explores a new aspect of the relationship between backwardness and growth, "information spillover". If solving problems is a source of economic growth, then knowing which problems have been solved is per se ...
    • Mani, Anandi (Vanderbilt University, 2000)
      This paper argues that the interaction between inequality and the demand patterns for goods is a potential source of persistent inequality. Income distribution, in the presence of non-homothetic preferences, affect the ...
    • Weymark, John A. (Vanderbilt University, 2000)
      A voting procedure is candidate stable if no candidate would prefer to withdraw from an election when all of the other potential candidates enter. Dutta, Jackson, and Le Breton have recently established a number of theorems ...
    • Lucking-Reiley, David; Mullin, Charles H. (Vanderbilt University, 2000)
      In empirical studies of simultaneous-move games, such as sealed-bid auctions, researchers frequently wish to estimate quantities which depend on interactions between the strategies of different players. Examples include ...