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Price Regulation, Price Discrimination, and Equality of Opportunity in Higher Education: Evidence from Texas

By Rodney J. Andrews and Kevin M. Stange

American Economic Journal: Economic Policy, November 2019

We assess the importance of price regulation and price discrimination to low-income students' access to opportunities in public higher education. In 2003, Texas shifted tuition-setting authority away from the state legislature to public universities thems...

Legal Origins and Female HIV

By Siwan Anderson

American Economic Review, June 2018

More than one-half of all people living with HIV are women, and 80 percent of all HIV-positive women in the world live in sub-Saharan Africa. This paper demonstrates that the legal origins of these formerly colonized countries significantly determine cu...

Asset Bubbles and Global Imbalances

By Daisuke Ikeda and Toan Phan

American Economic Journal: Macroeconomics, July 2019

We analyze the relationships between bubbles, capital flows, and economic activities in a rational bubble model with two large open economies. We establish a reinforcing relationship between global imbalances and bubbles. Capital flows from South to North...