Showing 1 - 10 of 22,269
Persistent link: https://www.econbiz.de/10001498555
Persistent link: https://www.econbiz.de/10001370629
utility calculations. There is a stabilization problem because there are one-period nominal contracts for wages, or prices, or … the utility function of the representative agent. Fully optimal policy can attain the Pareto-optimal equilibrium. Fully …
Persistent link: https://www.econbiz.de/10014154210
Persistent link: https://www.econbiz.de/10011567026
The efficacy of the widely-adopted “top-n” policy in university integration has been questioned because students strategically relocate to low-achieving high schools. We show that when different SES groups have heterogenous relocation costs, the policy can even segregate minorities from the...
Persistent link: https://www.econbiz.de/10013298853
Persistent link: https://www.econbiz.de/10003329542
Persistent link: https://www.econbiz.de/10003586687
Persistent link: https://www.econbiz.de/10003733151
, Hercowitz and Huffman's utility function. The modification incorporates real money balances, so that the model may be used to …
Persistent link: https://www.econbiz.de/10002420833
Persistent link: https://www.econbiz.de/10000997111