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.

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Vassar Scholarship

A classroom experiment on exchange rate determination with purchasing power parity

Publication Date
2007-February-01
Document Type
working paper
Authors
Mitchell, David
Rebelein, Robert P.
Schneider, Patricia
Simpson, Nicole B.
Fisher, Eric
Department or Program
Economics Department
Document Type
Working Paper
Abstract

We develop a classroom experiment on exchange rate determination appropriate for undergraduate courses in macroeconomics and international economics. Students represent citizens from different countries and need to obtain currency to purchase goods. By participating in a sealed bid auction to...

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Vassar Scholarship

A general-equilibrium analysis of public policy for pharmaceutical prices

Publication Date
2005-January-01
Document Type
working paper
Authors
Kelton, Christina M. L.
Rebelein, Robert P.
Department or Program
Economics Department
Document Type
Working Paper
Abstract

Retail sales of prescription drugs totaled $154.5 billion in 2001. The National Institute for Health Care Management estimates annual sales will exceed $400 billion by the year 2010. This paper analyzes the welfare and distributional effects of two policy families...

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Vassar Scholarship

Using NAICS to identify national industry cluster templates for applied regional analysis

Publication Date
2006-December-16
Document Type
working paper
Authors
Kelton, Christina M. L.
Margaret K. Pasquale
Rebelein, Robert P.
Department or Program
Economics Department
Document Type
Working Paper
Abstract

Whereas FESER and BERGMAN, 2000, developed the concept of national-level cluster templates and introduced a systematic methodology to identify such clusters, their technique and results were based on the now-outdated Standard Industrial Classification (SIC) system for categorizing industries. We update...

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