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Now showing items 51-58 of 58
Income Distribution and the Demand Constraint
(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 ...
Candidate Stability and Nonbinary Social Choice
(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 ...
Is the Wicked Stepmother Just a Fairytale?
(Vanderbilt University, 2000)
Most studies of family structure and child outcomes conclude that stepchildren fare little better than children in single-parent families, and substantially worse than children in intact families. Is this because adults ...
Recombinant Estimation for Normal-Form Games with Applications to Auctions and Bargaining
(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 ...
Production Externalities and Urban Configuration
(Vanderbilt University, 2000)
Jacobs (1969) argues that uncompensated knowledge spillovers have played a crucial role in population agglomeration and thus in the generation of cities. We explore this idea formally by extending the Romer (1986) model ...
Fight Fire with Fire: A Model of Pollution and Growth with Cooperative Settlement
(Vanderbilt University, 2000)
This paper establishes a growth model where firms and residents in polluted areas bargain cooperatively to settle environmental concerns. While economic development affects the extent of the negotiation outcomes, the ...
Dispersion in Real Exchange Rates
(Vanderbilt University, 2000)
Using cross-sectional data on local currency prices of over 1,800 retail goods and services across 13 European countries in the mid 1980's, we characterize the behavior of average relative prices --- `real exchange rates' ...
Race and Home Ownership: A Century-Long View
(Vanderbilt University, 2000)
This paper uses census IPUMS data to analyze trends in racial differences in home ownership and housing values and to examine the connection between residential segregation and the housing status of blacks relative to ...