Browsing Department of Economics by Issue Date
Now showing items 21-40 of 328
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(Vanderbilt University, 2000)In his History of Economic Analysis, Schumpeter stated that although the subject of his book is a history of economic analysis, "analytic effort is of necessity preceded by a preanalytic cognitive act that supplies the raw ...
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(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. ...
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(Vanderbilt University, 2000)We study price determination and exchange patterns in a monopolistically competitive economy, in which both goods and (fiat) money are perfectly divisible. The decentralized trading environment features 'multiple matches,' ...
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(Vanderbilt University, 2000)This paper examines whether financial intermediaries have played a leading role in influencing India's economic performance. After describing the evolution and functions of the financial sector, we construct a set of vector ...
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(Vanderbilt University, 2000)An overlapping-generations model where agents choose whether to become educated when young is presented. Education enhances productivity, but needs to be financed by borrowing. Because of the possibility of default, lenders ...
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(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 ...
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(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 ...
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(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 ...
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(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 ...
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(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 ...
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(Vanderbilt University, 2000)This paper begins by documenting racial convergence in the value of owner-occupied housing from 1940 to 1990. Most of this convergence occurred before 1970, as black and white home owners became more similar in terms of ...
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(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 ...
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(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 ...
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(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 ...
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(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 ...
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(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 ...
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(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, ...
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(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 ...
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(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 ...
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(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. ...