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Institutions and Political Party Systems : The Euro Case
Fernández-Villaverde, Jesús - 2017
This paper argues that institutions and political party systems are simultaneously determined. A large change to the institutional framework, such as the creation of the euro by a group of European countries, will realign - after a transition period - the party system as well. The new political...
Persistent link: https://www.econbiz.de/10012455083
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Factions in Nondemocracies : Theory and Evidence from the Chinese Communist Party
Francois, Patrick - 2016
This paper investigates theoretically and empirically the factional arrangements and dynamics within the Chinese Communist Party (CCP), the governing political party of the People's Republic of China. Our empirical analysis ranges from the end of the Deng Xiaoping era to the current Xi Jinping...
Persistent link: https://www.econbiz.de/10012455905
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Recovery and Sustainability in East Asia
Park, Yung Chul - 2001
This paper analyzes the macroeconomic adjustment from the crisis in East Asia in a broad international prospective. The stylized pattern from the previous 160 currency crisis episodes over the period from 1970 to 1995 shows a V-type adjustment of real GDP growth in the years prior to and...
Persistent link: https://www.econbiz.de/10012470347
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The Yen and Its East Asian Neighbors, 1980-1995 : Cooperation or Competition?
Takagi, Shinji - 1996
By looking at how an East Asian currency moves when the yen fluctuates sharply against the US dollar, we sometimes find that the reaction has been much more significant than would be suggested by the econometric estimates of the weight of the yen in nominal exchange rate determination. Moreover,...
Persistent link: https://www.econbiz.de/10012473118
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Effect of Macroprudential Policies on Sovereign Bond Markets : Evidence from the ASEAN-4 Countries
Aizenman, Joshua; Uddin, Mohammed Gazi Salah; Luo, Tianqi; … - National Bureau of Economic Research - 2022
ASEAN-4 countries (Indonesia, Malaysia, the Philippines, and Thailand). We measure sovereign vulnerability within a risk …
Persistent link: https://www.econbiz.de/10013388833
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External Validity in a Stochastic World
Rosenzweig, Mark - 2016
We examine the generalizability of internally valid estimates of causal effects in a fixed population over time when that population is subject to aggregate shocks. This temporal external validity is shown to depend upon the distribution of the aggregate shocks and the interaction between these...
Persistent link: https://www.econbiz.de/10012456228
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Fifty Million Voters Can't Be Wrong : Economic Self-Interest and Redistributive Politics
Vigdor, Jacob L. - 2006
Why do voters at the lower end of the socioeconomic spectrum support political candidates who generally disfavor redistributive policies? Existing explanations often presume that voters are explicitly acting in opposition to their economic self-interest, or that they hold persistently optimistic...
Persistent link: https://www.econbiz.de/10012466294
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The Impact of Domestic Travel Bans on COVID-19 is Nonlinear in Their Duration
Burlig, Fiona; Sudarshan, Anant; Schlauch, Garrison - National Bureau of Economic Research - 2021
using a natural experiment in India as well as data from China, Indonesia, the Philippines, South Africa, and Kenya …
Persistent link: https://www.econbiz.de/10012510577
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Foreign Firms and Indonesian Manufacturing Wages : An Analysis With Panel Data
Lipsey, Robert E. - 2003
Wages in domestically- owned Indonesian manufacturing plants taken over by foreign firms increased sharply between the year before takeover and two years after takeover, relative to plants remaining in domestic ownership. Blue- collar wage levels in these plants had been less than 10 per cent...
Persistent link: https://www.econbiz.de/10012469286
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Cognition and SES Relationships Among the Mid-Aged and Elderly : A Comparison of China and Indonesia
Strauss, John - 2018
cognition for respondents in two developing countries: China and Indonesia, both with very low educated elderly populations … by the rural-urban gradient. China has a stronger rural-urban gradient than Indonesia, which is associated with the hukou … Indonesia. The gender differential in both countries is smaller for the mid-aged, 45-59, for whom the gender schooling …
Persistent link: https://www.econbiz.de/10012453134