The government of Viet Nam emphasizes expanded investment in human capital to accelerate economic growth and in recent years, upper secondary and higher education have expanded rapidly, while disparities in the provision and financing of primary and lower secondary education have increased,...

Over the past decade, several states introduced varying degrees of accountability systems for schools, which became federal law with the passage of the No Child Left Behind Act of 2001. The intent of these laws was to improve academic performance and to make school quality more observable....

Doping, or the use of illegal performance-enhancing drugs, is an epidemic problem in sports ranging from the Olympics to high school athletics. Sports organizations have been trying numerous approaches to discouraging these activities. This paper presents a theoretical model of doping in a...

Bargaining fails when participants do not reach an agreement despite an opportunity for Pareto improvement. Numerous experimental studies found that in asymmetric bargaining, where one party proposes the terms and the other can accept or reject the proposal, low offers are typically rejected. We...

We analyze how weak credibility affects the volatility of consumption spending in a model of exchange-rate-based stabilization that allows for both durable and nondurable goods. The inclusion of durables greatly improves the explanatory power of the weak credibility hypothesis. The hypothesis...