Vassar Scholarship

It is commonly believed that firms prefer layoffs to worksharing, in part, because layoffs economize on fringe benefit costs. We find that when labor markets are characterized by optimal implicit contracts, layoffs will never occur in equilibrium, regardless of the...

The traditional classroom presentation of international macroeconomic issues obscures the link between budget deficits, exchange rates, and the trade deficit. The article offers a simple supply and demand framework to clarify the role of budget deficits in creating trade deficits...

Implicit contract models of labor market equilibrium under work sharing and layoffs are constructed to examine several common explanations for the observed market bias in favor of layoffs. We first establish the optimality of work sharing in the absence of...

This project follows the shifting geography of erotic companionship and the changing demographics of women who take on this kind of work. From origins in mining towns, urban centers, and Las Vegas brothels to home-based, online performances for audiences across...

Women have made great strides over the past century gaining rights and achieving inclusion throughout much of American society but it is widely accepted that women still experience marginalization in what remains a patriarchal society. Some women feel that high...