The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the presumed growth benefits of financial integration....

In this paper, I analyze India's approach to capital account liberalization through the lens of the new literature on financial globalization. India's authorities have taken a cautious and calibrated path to capital account opening, which has served the economy well in terms of reducing its...

We review the large literature on various economic policies that could help developing economies effectively manage the process of financial globalization. Our central findings indicate that policies promoting financial sector development, institutional quality and trade openness appear to help...

This study explores the effects of globalization on gender inequality. Specifically, we depict that, in terms of capital market integration, globalization alters the gender gap in wage rates through changes in labor demand for capital-intensive sectors. Consequently, globalization leads to...

We analyze shifts in the structure of China's capital outflows over the past decade. The composition of gross outflows has shifted from accumulation of foreign exchange reserves by the central bank to nonofficial outflows. Unlocking the enormous pool of domestic savings could have a significant...

Higher education finance depends on the public's preferences for charging tuition, which may be partly based on beliefs about the university earnings premium. To test whether public support for tuition depends on earnings information, we devise survey experiments in representative samples of the...

This paper investigates the role played by immigrants and their children in shaping native attitudes toward immigrants in the European Union. By exploiting the 2017 Special Eurobarometer on immigrant integration, we show that countries with a relatively high share of immigrants are more likely...

States, in their conflicts with militant groups embedded in civilian populations, often resort to policies of collective punishment to erode civilian support for the militants. We attempt to evaluate the efficacy of such policies in the context of the Gaza Strip, where Israel's blockade and...

To better understand the political economy constraints of education policy, we have conducted the annual ifo Education Survey in Germany since 2014. This paper summarizes selected key findings on the German publics' preferences for education policies ranging from early childhood education and...

There is growing interest among economists in public opinion towards immigration, something that is often seen as the foundation for restrictive immigration policies. Existing studies have focused on the responses to survey questions on whether the individual would prefer more or less...