The Impact of Minimum Wage Implementation on Women’s Earnings : Evidence from Malaysia

By May Lyn Cheah, University of California, Berkeley Advisor: Prof. Enrico Moretti, University of California, Berkeley This paper investigates the effect of the introduction of minimum wage legislation in Malaysia, which became effective from January 1, 2013 for employers with six employees or more, and was fully enforced by January 1, 2014 for all employers. The minimum wage ruling prescribed a rate of RM900 (ŨSD … Continue reading The Impact of Minimum Wage Implementation on Women’s Earnings : Evidence from Malaysia

The Economic Impact of Psychological Distress on Former Child Soldiers

By Jonathan Kaufmann, American University

While previous research demonstrates a significant negative relationship between post-traumatic stress disorder and earnings among adult veterans in the United States, a similar connection for children in developing nations has not been established. The literature indicates that both endogeneity and sample-selection biases are inherent in this relationship. This paper used Continue reading The Economic Impact of Psychological Distress on Former Child Soldiers

BLOG: Market Distorting Moral Hazard of Dodd-Frank’s Title II: The Costs of Inefficient Capital Markets

By Charles LeSueur, Vassar College

The purpose of this paper is to analyze whether Title II of the Dodd–Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) effectively fulfills the stated goals of ending “too big to fail”, “no more taxpayer-funded bailouts”, and decreasing systemic risk.  I argue that Title II institutionalized taxpayer-funded bailouts under different language and increased systemic risk … Continue reading BLOG: Market Distorting Moral Hazard of Dodd-Frank’s Title II: The Costs of Inefficient Capital Markets

Developing Stock Markets and the Real Economy: Investigating Chinese Stock Market Turbulences in the Past 18 years

By Wei Wang. University of California, Berkeley

This study investigates the relationship between developing stock markets and the real economy by examining the effect of stock market crashes on… Continue reading Developing Stock Markets and the Real Economy: Investigating Chinese Stock Market Turbulences in the Past 18 years

The Influence of Collectivism on Microfinance in Senegal

By Cole Scanlon (Harvard University), Keaton Scanlon (Warren Wilson College), and Teague Scanlon (Pomona College).

Microfinance, despite its mixed results in economic literature, continues to proliferate in many developing countries (Rooyen et al., 2012). This research project investigates the relationship between collectivism and microfinance. Continue reading The Influence of Collectivism on Microfinance in Senegal

Has Indonesia’s Growth Between 2007-2014 Been Pro-Poor? Evidence from the Indonesia Family Life Survey

By Ariza Gusti. University of Minnesota.

A country’s economic growth is said to help the poor and eradicate poverty if it is “pro-poor”, in that its impacts are broad-based, and benefit the poor in absolute terms. This research seeks to explore whether Indonesia’s sustained growth… Continue reading Has Indonesia’s Growth Between 2007-2014 Been Pro-Poor? Evidence from the Indonesia Family Life Survey