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.

Fiscal Multipliers in a Financially Globalized World

Publication Date
2015-January-01
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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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The United States Education System and Intergenerational Income Mobility

Publication Date
2015-January-01
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Department or Program
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This study intends to determine some of the avenues through which parent income affects child income and if the public education system has the potential to increase income mobility and equalize economic opportunity. I find that the income elasticity between...

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