Now showing items 1-20 of 328

    • Foster, James E. (Vanderbilt University, 2007)
      This paper presents a new family of chronic poverty measures based on the Pa poverty measures of Foster, Greer,and Thorbecke (1984). The chronically poor are identified using two cutoffs: a standard poverty line, which ...
    • Huang, Kevin X. D.; Huffman, Gregory W. (Vanderbilt University, 2010)
      We develop a general equilibrium search model with endogenous health accumulation and a unique feature of the US tax code, that exempts employer-provided medical benefits from taxation, to jointly account for US long term ...
    • Daughety, Andrew F.; Reinganum, Jennifer F. (Vanderbilt University, 2009)
      In this paper we examine a dynamic model of the process by which multiple related lawsuits may be filed and combined; we also examine actions a defendant may employ that may disrupt the formation of a joint suit. Our initial ...
    • Chen, Xiaohong; Fan, Yanqin (Vanderbilt University, 2004)
      In this paper, we address two important issues in survival model selection for censored data generated by the Archimedean copula family; method of estimating the parametric copulas and data reuse. We demonstrate that for ...
    • Collins, William J.; Smith, Fred H. (Vanderbilt University, 2005)
      We undertake a case study of riots in the context of Cleveland's economic decline between 1950 and 1980. Our empirical perspective emphasizes differential changes in property values and population levels across census ...
    • Shintani, Mototsugu (Vanderbilt University, 2002)
      It has been claimed that the deviations from purchasing power parity are highly persistent and have quite long half-lives under the assumption of a linear adjustment of real exchange rates. However, inspired by trade cost ...
    • Driskill, Robert A. (Vanderbilt University, 2002)
      The paper argues that multiple equilibria-whether non-stationary or stationary- are a generic property of dynamic rational expectations models. In light of this, this paper proposes a selection criterion for choosing between ...
    • Schwartz, Jesse A.; Wen, Quan (Vanderbilt University, 2008)
      We introduce a perfect price discriminating (PPD) mechanism for allocation problems with private information. A PPD mechanism treats a seller, for example, as a perfect price discriminating monopolist who faces a price ...
    • Shintani, Mototsugu (Vanderbilt University, 2000)
      This paper proposes a fully nonparametric test for cointegrating rank which does not require estimation of a vector autoregressive model. The test exploits the fact that the degeneracy in the moment matrix of the variables ...
    • Ghatak, Maitreesh; Jiang, Nien-Huei (Vanderbilt University, 2000)
      This paper analyzes a simple and tractable model of occupational choice in the presence of credit market imperfections. We examine the relative roles of parameters governing technology and transaction costs, and history ...
    • Schwartz, Jesse A.; Wen, Quan (Vanderbilt University, 2007)
      We introduce a subsidized Vickrey auction for cost sharing problems. Although the average, marginal, and serial cost sharing mechanisms are budget-balanced, they are not allocatively efficient and they do not induce players ...
    • Weymark, John A. (Vanderbilt University, 2011)
      This article establishes versions of Moulin's [On strategy-proofness and single peakedness, Public Choice 35 (1980), 31-38] characterizations of various classes of strategy-proof social choice functions when the domain ...
    • Crucini, Mario J.; Shintani, Mototsugu; Tsuruga, Takayuki (Vanderbilt University, 2008)
      Volatile and persistent real exchange rates are observed not only in aggregate series but also in the individual good level data. Kehoe and Midrigan (2007) recently showed that, under a standard assumption on nominal price ...
    • Wang, Ping; Xie, Danyang (Vanderbilt University, 2001)
      This paper constructs an integrated framework to disentangle the underlying economic mechanism of industrial transformation. We consider three essential elements for the analysis: skill requirements, industry wide spillovers ...
    • Anderson, Kathryn; Mitchell, Jean (Vanderbilt University, 2000)
      State Medicaid home and community-based waiver programs for persons with AIDS (PWAs) were implemented with the expectation that PWAs would use home and community-based services in lieu of more expensive hospital-based care. ...
    • Huffman, Gregory W. (Vanderbilt University, 2001)
      In this paper, a modification is made to the endogenous growth model studied by Lucas [1988]. It is shown that if individuals derive utility from their level of human capital, then a tax on the return to physical capital ...
    • Huffman, Gregory W. (Vanderbilt University, 2008)
      The effects of distortional fiscal policies are studied within a model in which there is endogenous investment-specific technological change. Labor is used in the production of output and also for research purposes. Labor ...
    • Allouch, Nizar; Conley, John P.; Wooders, Myrna (Vanderbilt University, 2008)
      We introduce a model of a local public goods economy with a continuum of agents and jurisdictions with finite, but unbounded populations, where the set of possible projects for each jurisdiction/club is unrestricted in ...
    • Tallman, Ellis W.; Tang, De-paio; Wang, Ping (Vanderbilt University, 2001)
      This paper re-examines the dynamics of hyperinflation extending the standard Cagan framework. In our theoretical model, we allow the relative price of capital goods in units of consumption goods to vary in order to examine ...
    • Ahlin, Christian; Pang, Jiaren (Vanderbilt University, 2007)
      While financial development and corruption control have been studied extensively, their interaction has not. We develop a simple model in which low corruption and financial development both facilitate the undertaking of ...