Following the collapse of the bubble economy in Japan, banking supervisors and bank examiners were severely criticized by the media as human capital had long been viewed the key element of Japanese banking supervision. The purpose of this paper is to analyze the bank supervisors´ career paths...

This paper examines the legal and policy implications of information asymmetry on foreign domestic workers employed under the Kafala sponsorship system in the Gulf Cooperation Council (GCC) countries. Drawing from ethnographic and field-based observations in large GCC migrant destinations –...

Can democratically elected politicians persuade their constituents to alter policy priorities? With little empirical support for this hypothesis to date, we propose that Rodrigo Duterte's inauguration speech on June 30, 2016 systematically shifted the Filipinos' policy agenda toward prioritizing...

Few studies have examined the "echo effect" of early-life shocks related to prenatal malnutrition, that is, whether the legacy of such shocks is transmitted to the next generation. This study addresses this gap by leveraging extreme malnutrition during the Great Leap Forward famine in China, and...

This paper shows that courts are not only a crucial part of the rule of law in the conventional sense but that they can also serve an important function in revealing information regarding the performance of lower level governments to the central government, and thereby improve their performance....

I present a theory to account for the emergence of land rights in a subsistence agricultural economy. An important feature is that, to maximize tax revenue, an authoritarian state must devise land rights to overcome the informational constraint in registering the population for tax collection....

We examine how political participation and political competition are shaped by two class-based extensions of the franchise in 20th-century India. Creating a new dataset of district level political outcomes between 1921 and 1957, we find that the partial franchise extension of 1935 resulted in...

This paper provides causal evidence on how political parties consolidate power in an electoral democracy. We collect administrative data on expressway construction by the Justice and Development Party (AKP) in Turkey, and use province-by-year variation in expressway construction to show that...

This paper examines the long-term health impact of Agent Orange, a toxic military herbicide containing dioxin that was used extensively during the U.S.-Vietnam war in the 1960-70s. Using a nationally representative health survey and an instrumental variable approach that addresses the potential...

Do foreign banks enjoy a competitive edge in the Chinese banking market or are they disadvantaged vis-à-vis domestic banks? This is the question that the present paper seeks to answer. The issue is important since on the one hand, these banks face the challenges the liability of foreignness...