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 …

economies with fixed exchange rate regimes of developing Asian economies, and 3) The 2008 worldwide debacle rooted in financial …We survey three distinct types of financial crises which took place in the 1990s and the 2000s: 1) the credit implosion … the globe, mostly through international financial networks …

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 …

: The Role of Reserve Accumulation," focuses on nine Asian economies: China, India, Indonesia, Japan, Korea, Malaysia … and financial turmoil (including its history, if any, with IMF programs) …

investment, however, is perplexing. For the nine Asian economies we focus on in this study, average investment/GDP is about 6 …, the estimated decline exceeds 9 percent. We document how in the wake of crisis home bias in finance usually increases …, or just plain undesirable from a financial stability perspective. Also, previous studies have not made a connection …

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 …

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

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 …