On the duality between prior beliefs and trading demands
Article Abstract:
The prior beliefs and trading demands of bets share a duality relationship for any given individual. A second duality relationship is aggregated between common prior beliefs and trading possibilities. The no trade theorem and its converse are derived from this relationship.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2003
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Did expanding the EITC promote motherhood?
Article Abstract:
The impact of the Earned Income Tax Credit (EITC) in increasing fertility through its generous benefits to families with children is studied. The results confirm that the positive effects of EITC is larger for nonwhite families, rather than for white families.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2003
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