The present paper updates the question: what precisely is the exchange rate regime that China has put into place since 2005, when it…
Informal payments are a frequently overlooked source of local public finance in developing countries. We use microdata from ten countries…
The current banking crisis highlights the challenges faced in the traditional lending model, particularly in terms of screening smaller…
This paper talks about the unique institutional innovations microfinance has experienced in the last three decades - from the entry of new…
Mitigating the Potential Inequity of Reducing Corporate Rates. Daniel Halperin, July 29, 2009, Paper. "Since the statutory marginal U.…
Many studies have replicated the finding that the forward rate is a biased predictor of the future change in the spot exchange rate.…
The inability to see the advantages of close state-business relations is the blind spot of modern economic liberalism. Just look at how the…
This article describes a multidisciplinary study of market-based policies for controlling air pollution in China. While previous studies…
Economic Catastrophe Bonds. Joshua D. Coval, Erik Stafford, June 2009, Paper. "The central insight of asset pricing is that a…