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This article presents econometric estimates of the adult working-age male hazard function of interstate migration fitted to data obtained from migration decisions of adult males over a twenty-year period. The results show a strong negative effect of the real wage difference between origin and...
Persistent link: https://www.econbiz.de/10009397694
This paper investigates how Indonesia should manage its massive debt burden arising from the Asian financial crisis, which led to increased external debt and, more significantly, increased domestic debt related to the country's bank restructuring program. Indonesia's enormous outstanding debt...
Persistent link: https://www.econbiz.de/10005690551
Persistent link: https://www.econbiz.de/10005632922
Indonesia has undergone comprehensive trade liberalisation by participating in multilateral and regional trade arrangements and by conducting unilateral liberalisation. This paper evaluates the different paths of liberalisation the country has followed, and measures their effects on the economy....
Persistent link: https://www.econbiz.de/10005438334