Vassar Scholarship

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...

Within the contemporary landscape of public education reform, educational actors are re- directing their hopes and visions for equitable and collaborative change outside of public space and into private territories, such as charter schools. The effort to establish the Four...

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...

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...

This chapter provides a selective review of the literature on trust and the law. We highlight the psychological and game theoretic mechanisms underpinning the role of trust in relationships with incomplete contracts. We also discuss evidence on whether behavioral trust...