Showing 1 - 10 of 1,045
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....
Persistent link: https://www.econbiz.de/10013160313
This paper provides an overview of the complex conceptual and practical challenges that emerging market economies face as they attempt to reform their frameworks for financial regulation. These economies are striving to balance the quest for financial stability with the imperatives of financial...
Persistent link: https://www.econbiz.de/10013136951
Financial crisis can trigger policy reversals, i.e. they can lead to a process of re- regulation of financial markets. Using a recent comprehensive dataset on financial liberalization across 94 countries for the period between 1973 and 2015, we formally test the validity of this prediction for...
Persistent link: https://www.econbiz.de/10012868012
We develop a new dynamic factor model that allows us to jointly characterize global macroeconomic and financial cycles and the spillovers between them. The model decomposes macroeconomic cycles into the part driven by global and country-specific macro factors and the part driven by spillovers...
Persistent link: https://www.econbiz.de/10012840446
This paper analyzes the effects of 'shocks' to community-level unemployment expectations, induced by the onset of the Great Recession, on children's mental well-being. The Australian experience of the Great Recession represents a unique case study as despite little change in actual unemployment...
Persistent link: https://www.econbiz.de/10012908877
We examine the high levels of financial stress among Indigenous populations in Australia. We estimate separate models …
Persistent link: https://www.econbiz.de/10012940838
We evaluate price subsidies and tax credits for child care. We focus on partnered women's labor supply, household income and welfare, demand for formal and informal child care and government expenditure. Using Australian data, we estimate a joint, discrete structural model of labor supply and...
Persistent link: https://www.econbiz.de/10013104958
in Australia. Contrary to the commonly used aggregation-based method on counting data, our approach can be used in a … relatively 'thin' market, such as Australia. In a thin market, the number of job postings is relatively small, and the share of … Australia as of July 2020 is slowly recovering from its lowest 45 per cent dip at the beginning of May. Our results also suggest …
Persistent link: https://www.econbiz.de/10012824418
Australia's 'income management' policy requires benefit recipients to spend at least half of their government transfers …
Persistent link: https://www.econbiz.de/10012826752
We analyze the impact of a recent initiative by the Australian Government to reduce disadvantage and improve children's welfare in Aboriginal communities. The policy – known as income management – quarantines 50 percent of welfare payments to be spent on priority goods (e.g., food, housing,...
Persistent link: https://www.econbiz.de/10012919496