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 …

following the Global Financial Crisis (GFC). Corporate debt vulnerability indicators during the Asian Financial Crisis (AFC …This paper documents a set of new stylized facts about leverage and financial fragility for emerging market firms …) attributed to corporate financial roots provide a benchmark for comparison. Firm-level data show that post-GFC, emerging market …

This paper provides an asymmetric information analysis of the recent East Asian crisis. It then outlines several … promote financial instability. Third, although capital flows did contribute to the crisis, they are a symptom rather than an …, pegged exchange-rate regimes are a dangerous strategy for emerging market countries and make financial crises more likely …

Malaysia recovered from the Asian financial crisis swiftly after the imposition of capital controls in September 1998 … play a significant role in facilitating Malaysia's rebound. However, the financial crisis was deepening in Malaysia in the …

The paper explores the view that the Asian currency and financial crises in 1997 and 1998 reflected structural and … current account imbalances, quantity and quality of financial overlending,' banking problems, and composition, maturity and …

This paper uses a unique dataset to study how firms managed liquidity during the financial crisis. Our analysis … impact of the financial crisis on corporate spending …

trade impacts in the 2008 financial crisis with those in the 1930s and the Asian financial crisis. In the 1930s percentage …This paper documents and compares the trade performance of the major Asian economies both during and following the 2008 … financial crisis. We consider China, India, Thailand, Malaysia, South Korea, Japan, Singapore and Chinese Taiwan. We access …

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