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How Close is Asia to Already Being A Trade Bloc?

Li, Chunding - 2014

FTA bilateral and regional negotiations in Asia have developed quickly in the past decade moving Asia ever closer to an … another. For countries in Asia there is negotiation of a China-Japan-Korea agreement, a China-India agreement, a Trans … potential full Asia integration in the form of a trade bloc. Our results reveal that these large Asia economies can be close to …

Persistent link: https://www.econbiz.de/10012458243

Did Vasco da Gama Matter for European Markets? Testing Frederick Lane's Hypotheses Fifty Years Later

O'Rourke, Kevin H. - 2005

In his seminal publications between the 1930s and 1960s, Frederick Lane offered three hypotheses regarding the impact of the Voyages of Discovery that have guided debate ever since. First, pepper and other spice prices did not rise in European markets in the century before the 1490s, and thus...

Persistent link: https://www.econbiz.de/10012466787

Numerical General Equilibrium Analysis of China's Impacts from Possible Mega Trade Deals

Li, Chunding - 2014

This paper explores the potential impacts on both China and other major countries of possible mega trade deals. These include the Trans-Pacific Partnership (TPP), the Regional Comprehensive Economic Partnership (RCEP), and various blocked deals. We use a numerical 13-country global general...

Persistent link: https://www.econbiz.de/10012458242

Lessons from the Asian Crisis

Mishkin, Frederic S. - 2000

This paper provides an asymmetric information analysis of the recent East Asian crisis. It then outlines several lessons from this crisis. First, there is a strong rationale for an international lender of last resort. Second, without appropriate conditionality for this lending, the moral hazard...

Persistent link: https://www.econbiz.de/10012470928

Capital Movements, Banking Insolvency, and Silent Runs in the Asian Financial Crisis

Kane, Edward J. - 2000

This paper supplies an agency-cost and contestable-markets perspective on the financial policies that triggered the Asian financial crisis. The agency-cost analysis hypothesizes that individual-country regulators knew that politically directed loans had made their banks insolvent, but...

Persistent link: https://www.econbiz.de/10012471262

Identification through Heteroskedasticity : Measuring "Contagion

Rigobon, Roberto - 2000

In this paper, I develop a new identification method to solve the problem of simultaneous equations, based on heteroskedasticity of the structural shocks. I show that if the heteroskedasticity can be described as a two-regime process, then the system is just identified under relatively weak...

Persistent link: https://www.econbiz.de/10012471283

Capital Flows in Asia

Ito, Takatoshi - 1999

This paper characterizes the capital flows in Asia before and after the Asian currency crisis of 1997. Differences in …

Persistent link: https://www.econbiz.de/10012471660

Heterogeneous Paths of Industrialization

Huneeus, Federico - 2020

Industrialization experiences differ significantly across countries. We use a bench-mark model of structural change to shed light on the sources of this heterogeneity and, in particular, the phenomenon of premature deindustrialization. Our analysis leads to three key findings. First, benchmark...

Persistent link: https://www.econbiz.de/10012481434

A Note on Long-Run Persistence of Public Health Outcomes in Pandemics

Lin, Peter Zhixian - 2020

Covid-19 is the single largest threat to global public health since the Spanish Influenza pandemic of 1918-20. Was the world better prepared in 2020 than it was in 1918? After a century of public health and basic science research, pandemic response and mortality outcomes should be better than in...

Persistent link: https://www.econbiz.de/10012481702

Asian American Discrimination in Harvard Admissions

Arcidiacono, Peter - 2020

Detecting racial discrimination using observational data is challenging because of the presence of unobservables that may be correlated with race. Using data made public in the SFFA v. Harvard case, we estimate discrimination in a setting where this concern is mitigated. Namely, we show that...

Persistent link: https://www.econbiz.de/10012482025

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