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Economists use relational or reputational concerns to explain the implicit enforcement of contracts. Both mechanisms require special assumptions concerning contracting parties' identities; in particular, these assumptions would not hold in one-period settings in which outcomes cannot affect...
Persistent link: https://www.econbiz.de/10010593809
My dissertation is a collection of three essays that consider various aspects of income inequality and the demand for skill. The first chapter uses the advent of the US Interstate Highway System to examine the effect of reducing trade barriers on the relative demand for skilled labor. The...
Persistent link: https://www.econbiz.de/10009432247
This thesis is a collection of two essays on open economy macroeconomics. The first essay is on imperfect asset substitutability and current account dynamics. It is divided into four chapters. The first chapter in this essay is a preface for the chapters to follow. The second chapter lays out a...
Persistent link: https://www.econbiz.de/10009432764