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VU GeoNews 2003
(Vanderbilt University, 2003-11)
VU GeoNews 2006
(Vanderbilt University, 2006-09)
The Wage Gains of African-American Women in the 1940s
(Vanderbilt University. Dept. of Economics, 2004-06)
The weekly wage gap between black and white female workers narrowed by 15 percentage points during the 1940s. We employ a semi-parametric technique to decompose changes in the distribution of wages. We find that changes ...
The Political Economy of State Fair-Housing Laws Prior to 1968
(Vanderbilt University. Dept. of Economics, 2004-06)
The confluence of the Great Migration and the Civil Rights Movement propelled the drive for "fair-housing" legislation which attempted to curb overt discrimination in housing markets. This drive culminated in the passage ...
Competition and Confidentiality: Signaling Quality in a Duopoly when there is Universal Private Information
(Vanderbilt University. Dept. of Economics, 2004-07)
How does the need to signal quality through price affect equilibrium pricing and profits, when a firm faces a similarly-situated rival? In this paper, we provide a model of non-cooperative signaling by two firms that compete ...
A Dynamic Factor Approach to Nonlinear Stability Analysis
(Vanderbilt University. Dept. of Economics, 2004-08)
A method of principal components is employed to investigate nonlinear dynamic factor structure using a large panel data. The evidence suggests the possibility of nonlinearity in the U.S. while it excludes the class of ...
Existence and Efficiency of a Price-Taking Equilibrium in an Economy with Public Goods, Externalities, and Property Rights: A Coasian Approach
(Vanderbilt University. Dept. of Economics, 2004-01)
We consider a general equilibrium economy with public goods and externalities. Following Boyd and Conley (1997), we treat externality markets directly instead of indirectly through Arrovian commodities. Because such direct ...
Rational Ambiguity and Monitoring the Central Bank
(Vanderbilt University. Dept. of Economics, 2004-02)
In this paper we examine the consequences of having a Central Bank whose preferences are state contingent. This has variously been identified in the literature as a Central Bank that is "rationally inattentive", "risk ...
Down...But Not Out: Stories of the Economic Crisis
(Vanderbilt University, 2009-04)
Lure: shoes
(Vanderbilt University, 2009-08-27)