Vassar College Department of Economics Working Paper Series

From Vassar College Department of Economics
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92: The Political Economy of Conditionality: An Empirical Analysis of World Bank Enforcement

Christopher Kilby

91: Mixture Models and Convergence Clubs

Maria Grazia Pittau, Roberto Zelli and Paul Johnson

90: Stabilizing the International Financial System and Financing Development: An Analysis of the Tobin Tax

Edoardo Raviol

89: Did the Colonial Powers Pick Economic Winners?

Patricia Jones

88: Using NAICS to Identify National Industry Cluster Templates for Applied Regional Analysis

Christina M.L. Kelton, Margaret K. Pasquale and Robert Rebelein

87: A Classroom Experiment on Exchange Rate Determination with Purchasing Power Parity

David Mitchell, Robert Rebelein, Patricia Schneider, Nicole Simpson and Eric Fisher

86: The Economics of a Centralized Judiciary: Uniformity, Forum Shopping and the Federal Circuit

Scott Atkinson, Alan Marco and John Turner

85: Kelo, Cuno, and the Broken Window

Alan Marco and Jonathan Rork

84: The dynamics of patent citations

Alan Marco

83: Patent protection, creative destruction, and generic entry in pharmaceuticals: Evidence from patent and pricing data

Alan Marco

82: The Value of Certainty in Intellectual Property Rights: Stock Market Reactions to Patent Litigation

Alan Marco

81: Bargaining in the shadow of precedent: the surprising irrelevance of asymmetric stakes

Alan Marco and Kieran J. Walsh

78: A General-Equilibrium Analysis of Public Policy for Pharmaceutical Prices

Christina M.L. Kelton and Robert Rebelein

77: The Portfolio Allocation Effects of Investor Sentiment about the Ability of Managers to Beat the Market

Sean Flynn

74: Intergenerational Strategic Behavior and Crowding Out in a General Equilibrium Model

Robert Rebelein

73: Closed-end Fund Discounts and Interest Rates: Positive Covariance in US Data after 1985

Sean Flynn

72: Sentiment and the Interpretation of News about Fundamentals

Sean Flynn

71: Noise-trading, Costly Arbitrage, and Asset Prices: Evidence from US Closed-end Funds

Sean Flynn

70: Donor Influence in MDBs: the Case of the Asian Development Bank

Christopher Kilby

69: Noise-trader Risk: Does it Deter Arbitrage, and Is it Priced?

Sean Flynn

68: Learning by Suing: Structural Estimates of Court Errors in Patent Litigation

Alan Marco

67: How Do Political Changes Influence U.S. Bilateral Aid Allocations? Evidence from Panel Data

Robert Fleck and Christopher Kilby

66: World Bank Lending and Regulation

Christopher Kilby

65: Aid and Regulation

Christopher Kilby

64: Why Only Some Industries Unionize: Insights from Reciprocity Theory

Sean Flynn

62: Ricardian Equivalence Survives Strategic Behavior

Robert Rebelein

61: Growth Econometrics

Paul Johnson, Steven Durlauf and Jonathan Temple

60: Labor Market Informalization and Social Policy: Distributional Links and the Case of Homebased Workers

Maria Floro and Lourdes Beneria

59: Asset Depletion Among the Poor: Does Gender Matter? The Case of Urban Households in Thailand

Maria Floro and Rania Antonopoulos

58: Is it Really the Fisher Effect?

Paul Johnson

57: Arbitrage in Closed-end Funds: New Evidence

Sean Flynn

56: Limited Arbitrage, Segmentation, and Investor Heterogeneity: Why the Law of One Price So Often Fails

Sean Flynn

55: Integrity, Shame and Self-Rationalization

Elias Khalil

54: A Continuous State Space Approach to “Convergence by Parts”

Paul Johnson

53: World Bank Independence: A Model and Statistical Analysis of U.S. Influence

Robert K. Fleck, Christopher Kilby and Robert K. Fleck

52: The Option Value of Patent Litigation: Theory and Evidence

Alan Marco

51: Reassessing the Role of Constituency in Congressional Voting

Robert K. Fleck, Christopher Kilby and Robert K. Fleck

50: Convergence Among the U.S. States: Absolute, Conditional, or Club?

Paul Johnson and Lisa N. Takeyama

49: On the Geometry of Constant Returns

Geoffrey Jehle

48: Wealth Effects of Supervisory Goodwill Litigation: A Portfolio Approach

John Z. Smith

47: Share-Price Reaction to Supervisory Goodwill Litigation: The Cal Fed Case

John Z. Smith

46: A Nonparametric Analysis of Income Convergence Across the US States

Paul Johnson

45: Price Collusion in an Infinitely Repeated Hotelling Duopoly

Jonathan Powers

44: Foreign Aid and Domestic Politics: Voting in Congress and the Allocation of USAID Contracts Across Congressional Districts

Robert K. Fleck, Christopher Kilby and Robert K. Fleck

43: The Effect of Temporary Nursing Services on the Supply of Labor to Nursing

Fred Bellemore

42: Temporary Employment Decisions of Registered Nurses

Fred Bellemore

41: Role of Bank Branch Locations in Minority Lending

Angela E. Chang

40: Sovereignty and NGOs

Christopher Kilby

39: The Overburdened Consumer: The Economics of Technological Change in the Service Sector

Robert Prasch

38: Aid and Sovereignty

Christopher Kilby

37: Social Capability and Economic Development

Paul Johnson and Jonathan Temple

33: What You Know or Who You Know: Meritocratic versus Incidental Determinants of Volunteer Leadership

Alexander M. Thompson

32: World Bank Borrower Relations and Project Supervision

Christopher Kilby

31: The Supply of Labor to Full-time and Part-time Nursing

Fred Bellemore

30: Cosmopolitans and Locals Among Rural Emergency Service Volunteers

Alexander M. Thompson

29: Women Volunteering: Super-Exploitation or Self-Actualization?

Alexander M. Thompson

28: Zakat and Inequality: Some Evidence from Pakistan

Geoffrey Jehle

27: Rural Emergency Service Volunteers:Who Joins What, and Why?

Alexander M. Thompson

26: Volunteer Emergency Squads and Their Communities: A Demographic Comparison

Alexander M. Thompson

25: The Sexual Division of Leadership in Volunteer Emergency Medical Squads

Alexander M. Thompson

24: Volunteers and Their Communities: A Comparative Analysis of Volunteer Firefighters

Alexander M. Thompson