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

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How Does Technology Affect Skill Demand? Technical Changes and Capital-Skill Complementarity in the 21st Century

By Yifan (Eva) Gong. Macalester College.

This paper attempts to examine technology’s impact on the labor market through the lens of skilled labor. Technical changes in the late 20th century are skill-biased… Continue reading How Does Technology Affect Skill Demand? Technical Changes and Capital-Skill Complementarity in the 21st Century

European Integration as a Determinant of Foreign Direct Investment in Central and Eastern Europe, 1995-2013

By Domagoj Babic. Princeton University.

When companies choose to undertake foreign direct investments (FDI) in emerging countries (such as those in Central and Eastern Europe) rather than… Continue reading European Integration as a Determinant of Foreign Direct Investment in Central and Eastern Europe, 1995-2013

Financial Development and Economic Growth at Different Income Levels

By Cody Kallen. Washington University of St. Louis.

This paper examines the effects of financial development on growth rates using a sample of countries at different points in time, with the observation for each country beginning at the year it reaches a GDP per capita of $10,000 in constant 2005 dollars. Continue reading Financial Development and Economic Growth at Different Income Levels