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.

A classroom experiment on exchange rate determination with purchasing power parity

Publication Date
2007-February-01
Document Type
Department or Program
Document Type
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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A general-equilibrium analysis of public policy for pharmaceutical prices

Publication Date
2005-January-01
Document Type
Department or Program
Document Type
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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Intergenerational strategic behavior and crowding out in a general equilibrium model

Publication Date
2005-October-01
Document Type
Department or Program
Document Type
Abstract

The return of large government budget deficits should encourage us to resume analysis of their effects. Two topics deserving further attention are the importance of correctly modeling the form of intergenerational relationships and clarification of the extent to which deficits...

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Ricardian equivalence survives strategic behavior

Publication Date
2004-October-01
Document Type
Department or Program
Document Type
Abstract

Robert Barro (1974) showed government debt has no real effects when generations are linked by altruistically motivated intergenerational transfers, a result now known widely as the Ricardian Equivalence Theorem.
An important condition for debt neutrality is believed to be the...

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ThemTube: commercializing the digital public sphere

Publication Date
2017-January-01
Document Type
Department or Program
Document Type
Abstract

ThemTube is a 3-part video essay, running about an hour in total. I aimed to characterize the contradictory, ambiguous status of YouTube, a site that claims to level the playing field for video creators while promoting certain users over the...

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

Publication Date
2006-December-16
Document Type
Department or Program
Document Type
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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