Vassar Scholarship

The Gulf of Maine, located in the northwest Atlantic Ocean, is biologically, ecologically, and socio-economically important. Humans have interacted with this region by overfishing cod, implementing bounties on harbor and gray seals, instigating warming through human induced climate change, and...

This senior project examines the colonial conquest of Indochina on the part of the French during the last half of the 19th century and the first half of the 20th century not purely as a geographical and historical phenomenon, but...

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...

Currently there is a deficit in economics literature on the labor market outcomes of sexual minorities. Previous studies have provided evidence that homosexual and bisexual individuals endure worse mental and physical health, and lesbian women excluded, face wage penalties associated...