Vassar College Digital Library

Vassar Scholarship

Vassar Scholarship, the institutional repository formerly known as Digital Window, reflects the research and scholarly output of the Vassar College community.  It provides access to a variety of collections, including senior theses and projects across a wide range of disciplines.

Distribution, inflation, and public industrial enterprises

Publication Date
1991-September-01
Document Type
Department or Program
Document Type
Abstract

A Kaleckian model, featuring the complementarity of the public and private sectors and administered pricing of public-sector products, is developed to examine the impact of public enterprises on income distribution between the state, capital, and labor. Public-sector mark-up and relative...

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Does Speculation Make Commodity Spot Markets More Volatile?

Publication Date
2022-May-02
Department or Program
Document Type
Access Level
Abstract

This paper examines how increased speculator participation in the commodity
futures market affects spot price volatility. Consistent with results from the
majority of existing literature on this subject, I find no evidence that speculators
destabilize the commodity spot market. More...

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Inflation, growth, and import bottlenecks in the Turkish manufacturing sector

Publication Date
1989-November-01
Document Type
Department or Program
Document Type
Abstract

This paper argues that, in economies heavily dependent on imported inputs, the responsiveness of price and output to cost and demand factors are altered by foreign exchange bottlenecks if the government resorts to nonmarket allocation of import licenses. A model...

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Quesnay's Tableau Economique: An expository note

Publication Date
1991-September-01
Document Type
Department or Program
Document Type
Abstract

Francois Quesney's Tableau is reformulated as a two-sector linear system. Stationary state interclass exchanges are described by a sequential accounting Tableau of real and monetary holdings of each class at each step of the circulation process. A diagrammatic framework is...

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