This paper adopts and develops the "fear of floating" theory to explain the decision to implement a de facto peg, the choice of anchor currency among multiple key currencies, and the role of central bank independence for these choices. We argue that since exchange rate depreciations are...

We investigate the impact of information about student satisfaction on university choice, using data from the UK’s National Student Survey (NSS) and on applications to undergraduate degree courses. We show that the NSS has a small, statistically significant effect on applications at the...

Economic damage from natural hazards can sometimes be prevented and always mitigated. However, private individuals tend to underinvest in such measures due to problems of collective action, information asymmetry and myopic behavior. Governments, which can in principle correct these market...

The authors discuss how scholars can bring theories of spatial policy dependence and empirical model specifications closer in line so that the empirical analysis actually tests the theoretical predictions. Comprehensive theories of spatial policy dependence typically suggest that the...

This paper aspires to argue in favour of a simple, but fundamental, hypothesis. This hypothesis is that economic growth is neither the cause of nor the solution to environmental problems and that therefore both anti-growth environmentalists and pro-growth neoclassical environmental economists...

Recent anxieties over the digital divide have centered on the observation that uptake of the Internet is shaped by a number of identifiable, place-based factors. Yet is the Internet any more a product of material geography than previous communication technologies? Our contribution in this...

Famine mortality is preventable by government action and yet some famines kill. Amartya Sen has famously stated that no famine with significant excess mortality has ever occurred in a democracy. Yet, critics have argued that some countries have experienced famine mortality despite democratic...

Recent scholarship on exchange rate regime choice seeks to explain why some countries fix their exchange rate to an anchor currency, but it neglects the question to which currency countries peg. This article posits that an understanding of the choice of anchor currency also improves political...

Previous studies of globalization’s effects on women’s rights have mostly focused on employment and wage ratios, but even if women’s earnings improve, they might suffer greater exploitation at work and at home. Further, these studies use general measures of a country’s openness to trade...