where this concern is mitigated. Namely, we show that there is a substantial penalty against Asian Americans in admissions … with limited scope for omitted variables to overturn the result. This is because (i) Asian Americans are substantially … predicts admissions extremely well. Our preferred model shows that Asian Americans would be admitted at a rate 19% higher …

We review the modern history of financial crises, providing a context for analyses of the world's recent bout of … financial instability. Along with indicators of economic performance in the subject countries, we present a comprehensive …

monetary policy in an open economy with financial frictions, nominal rigidities, and sudden stops. We focus on a time …

In the wake of the 1997-98 financial crises, interest rates in Asia were raised immediately, and then reduced sharply …

heterogeneous) changes in exchange rates due to the 1997 Asian financial crisis. Appreciation of a migrant%u2019s currency against …Millions of households in developing countries receive financial support from family members working overseas. How do …

This paper proposes a new approach to evaluate contagion in financial markets. Our measure of contagion captures the co …

We ask how export demand shocks associated with the Asian financial crisis affected Chinese exporters. We construct …

that only countries with significant trade and financial linkages can expect access to such ad hoc arrangements, on a case …