Economics Working Papers
The Economics Working Papers series is a forum for stimulating discussion on research and policy studies that deal with economic and development problems facing the Asia and Pacific region.
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Rethinking the Limits of Climate Change Adaptation
This paper considers the potential extent of adaptation to sea level rise by examining the adaptation of communities in low-lying Philippine islands that flood during spring tides. -
Changing Vulnerability in Asia: Contagion and Systemic Risk
This paper shows how the international financial network has developed as Asia became an increasingly important market since the year 2000. -
Financial Shocks and Exchange Market Pressure
This paper provides evidence for the importance of capital account openness in buffering depreciation pressures during the taper tantrum in May 2013. -
Water Tariff Setting and Its Welfare Implications: Evidence from Cities in the People’s Republic of China
This study develops a framework to analyze urban water tariff setting and its welfare implications and applies this to panel data on more than 200 cities in the People’s Republic of China in the 2000s. -
Fiscal Space and Increasing Fiscal Resilience
This paper compares fiscal cyclicality across advanced and developing economies in terms of geography and income levels between 1960 and 2016. -
Capital Account Policies in Emerging Asian Economies: Are They Effective in the 2000s?
This paper examines the effectiveness of capital account policies for 10 emerging Asian economies from 2000 to 2015. -
Debt and Depth of Recessions
This paper empirically investigates the relationship between the speed of the buildup of private debt—household and corporate debt—and the depth of recessions. -
Macroprudential Policy in Asian Economies
This paper examines the effectiveness of capital account policies for 11 emerging Asian economies from 2000 to 2015. -
New Technology and Emerging Occupations: Evidence from Asia
This paper explores how technology affects labor market outcomes in Asia through the creation of new types of work. -
Targeted Cash Transfers, Credit Constraints, and Ethnic Migration in the People’s Republic of China
This paper studies the effects of targeted cash transfers on rural–urban migration of Han and ethnic minority households in the People’s Republic of China.