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
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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
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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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Beyoncé decoded: deconstructing originality in the contemporary age

Publication Date
2016-January-01
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Authors
Department or Program
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Access Level
Abstract

This thesis explores the success of Beyoncé's self-titled album in relation to the idea of originality within music. As members of the public, we assume that what sets superstars apart from novice musicians is an element of originality. However, more...

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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
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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
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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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Shakes, Quakes and Kokoro no care

Publication Date
2013-January-01
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Authors
Department or Program
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Abstract

The 3.11 events in 2011 are historically the most destructive series of natural disasters to have ever hit the island nation of Japan. But while the international media has commended the bravery of survivors and applauded Japanese efforts to provide...

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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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