Showing 1 - 10 of 181
Immigrants in economies with a dominant native language exhibit substantial heterogeneities in language acquisition of … the majority language. We model partial equilibrium language acquisition as an equilibrium phenomenon. We consider an … environment where heterogeneous agents from various minority groups choose whether to acquire a majority language fully, partially …
Persistent link: https://www.econbiz.de/10013362063
We estimate the causal impact of school and classroom gender composition on achievement. We take advantage of the random assignment of Korean middle school students to single-sex schools, co-educational (coed) schools with single-sex classes, and coed schools with mixed-gender classes. Male...
Persistent link: https://www.econbiz.de/10012457944
This paper characterizes the capital flows in Asia before and after the Asian currency crisis of 1997. Differences in foreign direct investment, portfolio investment, and bank lending are emphasized. There are common factors and idiosyncratic factors to the role of capital flows in the currency...
Persistent link: https://www.econbiz.de/10012471660
We use a new firm-level dataset to examine the efficiency of investment in emerging economies. In the three-year period following stock market liberalizations, the growth rate of the typical firm's capital stock exceeds its pre-liberalization mean by an average of 5.4 percentage points....
Persistent link: https://www.econbiz.de/10012466482
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
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 …
Persistent link: https://www.econbiz.de/10012470587
, Colombia and Mexico -- and three East Asian countries--Korea, Malaysia and Thailand. It identifies a number of potential …
Persistent link: https://www.econbiz.de/10012473042
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
language skills drive this. I find they are important. I estimate that the response of immigrants' relative wages to … skill ratios in their own language group. Finally, in Puerto Rico, where almost all workers speak Spanish, I find immigrants …
Persistent link: https://www.econbiz.de/10012461048
We examine the effect of language acquisition on the growth of immigrants' earnings. We gathered data on recent Soviet … immigrants to Israel that include retrospective questions on earnings and language ability on entry into their current job …. Language acquisition is found to interact positively with occupation level. Immigrant programmers and computer technicians have …
Persistent link: https://www.econbiz.de/10012471013