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Local networks : theory and applications
(Massachusetts Institute of Technology, 2000)
Chapter 2 analyzes a simple evolutionary model of residential segregation based on decentralized racism which extends Schelling's (1972) well-known tipping model by allowing for local interaction among residents. The richer ...
Essays in development economics
(Massachusetts Institute of Technology, 2000)
In 1991, a reform was passed changing the rules for social security for rural workers in Brazil. The reform consisted of a reduction in the minimum eligibility age for old-age benefits, an extension of benefit eligibility ...
Essays on the effects of immigration on education and crime
(Massachusetts Institute of Technology, 2000)
This thesis estimates the effects of immigration on education and crime. In Chapter I, I use a reform in immigration policy as a natural experiment to estimate the effects of immigration on native-born student outcomes in ...
Essays in empirical macroeconomics
(Massachusetts Institute of Technology, 2000)
This thesis consists of two separate essays. The first, entitled 'The Long Boom', considers the causes of the recent record breaking growth in the United States. The second, entitled 'Markups and Inflation', looks at the ...
Economic effects of demographic changes
(Massachusetts Institute of Technology, 2000)
This thesis examines several economic implications of demographic changes. Chapter 2 documents a relation between the age structure of economies and their real exchange rate. The relation varies with the level of development. ...
Vertical product differentiation and competition in the supermarket industry
(Massachusetts Institute of Technology, 2000)
This thesis examines the mechanisms by which retail markets converge to a concentrated structure where competition is dominated by only a few large firms. Using a model of competition based on the vertical product ...
The effects of charter schools and educational vouchers on students
(Massachusetts Institute of Technology, 2000)
This thesis evaluates whether two market-based educational reforms, charter schools and educational vouchers, have led to better student outcomes for both the students who participate them and for students in public schools ...
Essays on the economics of crime and econometric methodology
(Massachusetts Institute of Technology, 2000)
The research presented in this thesis covers two topics: the economics of crime and econometric methodology. The first chapter addresses the question of whether higher wages reduce teenage crime rates. I exploit exogenous ...
Essays on balance of payments crises
(Massachusetts Institute of Technology, 2000)
This thesis studies four different aspects of balance of payments crises. Chapter l provides a dynamic asymmetric-information model of the timing of crises. It focuses on investors' learning process and its interaction ...
Essays in open economy macroeconomics
(Massachusetts Institute of Technology, 2000)
Chapter 2: This chapter analyzes the speed of price adjustment in the aftermath of 207 currency crises in 67 countries between 1957 and 1998. The result of slowly adjusting prices in the context of large shocks to the ...