Showing 1 - 10 of 140
This study empirically examines the fragility of five major Asian economies (China, Hong Kong, India, Japan, and South Korea) to economic policy uncertainty (EPU) of US and EU, and oil prices in different state of the economies. To investigate these dynamics, we use the relative tail dependence...
Persistent link: https://www.econbiz.de/10012833241
With the onset of the Covid-19 pandemic, Asians became the victims of a sudden increase in racial discrimination as public officials repeatedly referred to the virus as the "Chinese virus." We document that Asian entrepreneurship has been disproportionally hurt after January 2020, particularly...
Persistent link: https://www.econbiz.de/10013240285
Although there is evidence that apprenticeship training can ease the transition of youth into the labour market and thereby reduce youth unemployment, many policy makers fear that firms will cut their apprenticeship expenditures during economic crises, thus exacerbating the problem of youth...
Persistent link: https://www.econbiz.de/10012925498
This paper proposes a theoretical framework to analyze the impacts of credit and technology shocks on business cycle dynamics, where firms rely on banks and households for capital financing. Firms are identical ex ante but differ ex post due to different realizations of firm specific technology...
Persistent link: https://www.econbiz.de/10013119292
We study a Singaporean drug-selling gang's dataset and empirically find that the gang's pushers purchased larger quantities of drugs during periods of enforcement shocks caused by enforcement activities targeting the gang's drug supply chain. This counter-intuitive finding can be explained by...
Persistent link: https://www.econbiz.de/10012894059
This paper examines the effects of Asian segregation on students' academic performance in New York City primary schools. We use exogenous variation in the share of Asian students across cohorts and schools stemming from a fertility shock among Asian population in the Chinese year of the Dragon....
Persistent link: https://www.econbiz.de/10012912785
Refugees are often perceived as an economic "burden", as the current debate on the European refugee crisis illustrates. But there is little quantitative evidence on the medium-term outcomes of refugees in the UK. We fill this gap by looking at the case of "East African Asians" who arrived as...
Persistent link: https://www.econbiz.de/10012915706
diffusion on TFP in the South, focusing on South America (SA), Mexico, Latin America (LA) and East Asia for the 32-year period … distance to the North; ii) an increase in LA's ETG to East Asia's level raises LA's TFP by some 100% and accounts for about 75 …% of its TFP gap with East Asia; iii) raising LA's education to East Asia's level has a larger impact on TFP and on the TFP …
Persistent link: https://www.econbiz.de/10012946575
This paper analyzes a panel of 18 European countries spanning from 1950 to 2003 to examine the extent to which the legal reforms leading to easier divorce that took place during the second half of the 20th century have contributed to the increase in divorce rates across Europe. We use a...
Persistent link: https://www.econbiz.de/10012780480
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/10012835875