Countries’ capital account policies might be contagious in the sense that domestic policies are driven by other countries’ policies. A model of strategic interactions is developed to show that countries’ best response to policy changes elsewhere consists in imitating this policy. Using a...

Countries' capital account policies might be contagious in the sense that domestic policies are driven by other countries' policies. A model of strategic interactions is developed to show that countries' best response to policy changes elsewhere consists in imitating this policy. Using a spatial...

Countries' capital account policies might be contagious in the sense that domestic policies are driven by other countries' policies. A model of strategic interactions is developed to show that countries' best response to policy changes elsewhere consists in imitating this policy. Using a spatial...

Countries' capital account policies might be contagious in the sense that domestic policies are driven by other countries' policies. A model of strategic interactions is developed to show that countries' best response to policy changes elsewhere consists in imitating this policy. Using a spatial...

The very first minimum wage in Germany was introduced in 1997 for blue-collar workers in sub-sectors of the construction industry. In the setting of a natural experiment blue-collar workers in neighboring 4-digit-industries and white-collar workers are used as control groups for...

We highlight the importance of randomisation bias, a situation where the process of participation in a social experiment has been affected by randomisation per se. We illustrate how this has happened in the case of the UK Employment Retention and Advancement (ERA) experiment, in which over one...

We highlight the importance of randomisation bias, a situation where the process of participation in a social experiment has been affected by randomisation per se. We illustrate how this has happened in the case of the UK Employment Retention and Advancement (ERA) experiment, in which over one...

The very first minimum wage in Germany was introduced in 1997 for blue-collar workers in sub-sectors of the construction industry. In the setting of a natural experiment blue-collar workers in neighboring 4-digit-industries and white-collar workers are used as control groups for...

One of the most powerful critiques of the use of randomised experiments in the social sciences is the possibility that individuals might react to the randomisation itself, thereby rendering the causal inference from the experiment irrelevant for policy purposes. In this paper we set out a...

The very first minimum wage in Germany was introduced in 1997 for blue-collar workers in sub-sectors of the construction industry. In the setting of a natural experiment blue-collar workers in neighboring 4-digit-industries and white-collar workers are used as control groups for...