Vaishnavi Bhaskar

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Recent empirical work on the e ects of minimum wages has called into question the conventional wisdom that minimum wages invariably reduce employment. We develop a model of monopsonistic competition with free entry to analyze the e ects of minimum wages, and our predictions t the empirical results closely. Under monopsonistic competition, we nd that a rise(More)
We model parental sex selection and the equilibrium sex ratio. With intrinsic son preference, sex selection results in a male-biased sex ratio. This is ine¢ cient, due to a marriage market congestion externality. Medical innovations that facilitate selection increase ine¢ ciency. If son preference arises endogenously, due to population growth causing an(More)
We analyze the dynamics public and private sector employment, using the natural experiment provided by the partial privatization of the Bangladeshi jute industry. Although the public sector had substantial excess employment of workers initially, this excess was substantially eroded by the end of the period we study. The extent of such erosion differs(More)
We analyze a large stakes prisoner’s dilemma game played on a TV show. Players cooperate 40% of the time, demonstrating that social preferences are important; however, cooperation is significantly below the 50% threshold that is required for inequity aversion to sustain cooperation. Women cooperate significantly more than men, while players who have(More)
I examine a Knightian model of entrepreneurial risk and investment where in addition to the self-selection process for choosing entrepreneurs, there is an evolutionary selection process over the representation of various risk attitudes. Under a standard evolutionary dynamic, rather than converging to a population of riskneutrals ( tness maximizers), the(More)
BACKGROUND Dental caries, the most common childhood chronic disease, disproportionately affects vulnerable parts of the population and confers substantial impacts to children, families, and health systems. Because efforts directed toward oral health promotion and disease prevention are fundamentally superior to dental rehabilitation secondary to disease(More)