This article proposes a regulatory system of non-uniform and competitively beutral pricing of access to the services of a bottleneck facility such as the local loop owned by a local telephone company. To be deemed a bottleneck the facility must be owned as a monopoly, and its services must be...

In this paper, we model the interactions between the distribution of male and female wages under the assumption that any change in the wage distribution of women must be offset by an opposite change in the wage distribution of men.

This empirical paper proposes to explain why African households often provide long-term hospitality to relatives. We use a budget and consumption survey carried out in Gabon in 1994, examine two types of hypotheses and propose a two-step procedure to discriminate between them. We address the...

This paper estimates the effect of attending historically black college and universities (HBCUs) on future wages of black students.

Race and ethnicity play a central role in understainding the structure of inequality in the United States. In this paper, we focus on the economic chasm between black and white America and what economic theory can contribute to our understanding of both inequality and the design of effective policy.