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

Fiscal Multipliers in a Financially Globalized World

Publication Date
2015-January-01
Document Type
Senior Capstone Projects
Authors
Lea Rendell
Department or Program
Economics Department
Document Type
Senior Capstone Project
Access Level
Vassar Only
Abstract

This paper establishes a relationship between levels of dollariza- tion and the effectiveness of fiscal stimulus. We show that low dollarized economies experience an appreciation of currency from an increase in fiscal stimulus this causes a positive wealth effect leading...

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Vassar Scholarship

Political Regime and Corruption Control: Information Quality and an Optimal Mechanism

Publication Date
2015-January-01
Document Type
Senior Capstone Projects
Authors
Zhu, Zhengren
Department or Program
Economics Department
Document Type
Senior Capstone Project
Access Level
Vassar Only
Abstract

Different political regimes have principals that possess different in- formation regarding agents' behavior. This paper studies how this difference affects the comparative efficiency of corruption control between a democratic regime and an authoritarian regime. We ob- serve that such comparative...

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