This paper offers evidence on the relationship between the minimum wage and unemployment and informal employment, and identifies some of the lessons learned on the potential effects of increasing the minimum wage. Most of the evidence suggests that sizable increases in the minimum wage are...

A hidden cost of the COVID-19 pandemic is the stigma associated with the disease for those infected and groups that are considered as more likely to be infected. This paper examines whether the provision of accurate and focused information about COVID-19 from a reliable source can reduce...

Using the panel data vector autoregression (PVAR) model, this study examines the correlation between the stock market, gold price and USD exchange rate in the context of the COVID-19 pandemic in 55 Asian and 32 European countries from 11 March 2021 to 29 October 2021. The results of Granger...

This paper employs the synthetic control method to examine the impact of using a non-native language as the medium of instruction in schools on a student's learning. Exploiting an unanticipated policy change in Malaysia and using data from the Trends in International Mathematics and Science...

This paper examines the labor market impacts of a large-scale marine environmental crisis caused by toxic chemical contamination in Vietnam's central coast in 2016. Combining labor force surveys with satellite data on fishing-boat detection, the analysis finds negative and heterogeneous impacts...

Is there a "middle income trap"? Theory suggests that the determinants of growth at low and high income levels may be different. If countries struggle to transition from growth strategies that are effective at low income levels to growth strategies that are effective at high income levels, they...

Is there a "middle-income trap"? Theory suggests that the determinants of growth at low and high income levels may be different. If countries struggle to transition from growth strategies that are effective at low income levels to growth strategies that are effective at high income levels, they...