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.

Do fringe benefits cause layoffs?

Publication Date
1990-October-01
Document Type
Department or Program
Document Type
Abstract

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...

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Duelling and the Fantasmatic Spectre of Male Honour in Imperial Germany: The Kaiser’s Will and Theodor Fontane’s Effi Briest

Publication Date
2022-May-15
Document Type
Access Level
Abstract

Underneath the historiographical disagreements about military honor and dueling in Imperial Germany there lurks a consensus that most duelists simply internalized the dictates of honor. This article troubles that presumption by attending to the Prussian-German military honor code’s mixed messages...

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How budget deficits cause trade deficits: The simple analytics

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

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...

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Optimal implicit contracts and the choice between layoffs and work sharing

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

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...

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The Captain of Köpenick and the Uniform Fantasies of German Militarism

Publication Date
2022-June-15
Document Type
Access Level
Abstract

This article examines a famous 1906 event that occurred when a con man dressed in a captain's uniform commandeered two small contingents of soldiers in Berlin and took them to nearby Köpenick, where he proceeded to arrest the city’s mayor...

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The Emperor’s New Uniforms: The Uniform Fantasies of Wilhelm II and His Critics

Publication Date
2024-February-15
Document Type
Access Level
Abstract

In light of Wilhelm II’s well-known predilection for military uniforms and displays, many of his contemporaries regarded him as a real-life version of the titular figure in Hans Christian Andersen’s fable “The Emperor’s New Clothes.” This essay uses the concept...

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