Senior Fellows/Fellows

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Senior Fellows/Fellows

Educational Choice, Rural-Urban Migration And Economic Development

Pei-Ju LIAO, Ping WANG, Yin-Chi WANG, Chong Kee YIP
Observing rapid structural transformation accompanied by a continual process of rural to urban migration in many developing countries, we construct a micro founded dynamic framework to explore how important education-based migration is, as opposed to work-based migration, for economic development, u...
Keywords: Rural-Urban Migration, economic development
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Annual Conference

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Economic Transformation of Asia

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May 2015

Education Choice, Rural-urban Migration and Economic Development

Pei-Ju LIAO, Yin-Chi WANG, Wang PING, Chong Kee YIP
Observing rapid structural transformation accompanied by a continual process of rural to urban migration in many developing countries, we construct a micro founded dynamic framework to explore how important education-based migration is, as opposed to work-based migration, for economic development, u...
Keywords: Educational choice, Rural-Urban Migration, urbanization and development
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Senior Fellows/Fellows

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Senior Fellows/Fellows

Economics for the Global Economic Order: The Tragedy of Epic Fail Equilibria

Shiro ARMSTRONG, Danny QUAH
This paper casts within a unified economic framework some key challenges for the global economic order: de-globalization; the rising impracticability of global cooperation; and the increasingly confrontational nature of Great Power competition. In these, economics hasbeen weaponised in the service o...
Keywords: epic fail, globalization, Great Powers, Third Nations, world order, zero sum
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Webinar Series

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Senior Fellows/Fellows, Pandemic

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May 2020

Economic Uncertainty Before and During the COVID-19 Pandemic

Scott R. BAKER, Nicholas A. BLOOM, David E. ALTIG, Jose Maria BARRERO, Brent MEYER, Philip BUNN, Scarlet CHEN, Julia LEATHER, Emil MIHAYLOV, Paul MIZEN, Thomas RENAULT, Gregory THWAITES, Pawel SMIETANKA, Nicholas PARKER
We consider several economic uncertainty indicators for the US and UK before and during the COVID-19 pandemic: implied stock market volatility, newspaper-based policy uncertainty, Twitter chatter about economic uncertainty, subjective uncertainty about business growth, forecaster disagreement about ...
Keywords: forward-looking uncertainty measures, volatility, COVID-19, Coronavirus
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Commentaries

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Senior Fellows/Fellows, 2020, Pandemic

Economic Effects of Lockdown in China

Qin CHEN, Zhiguo HE, Chang-Tai HSIEH, Zheng Michael SONG
On January 23, 2020, the Chinese government locked down the city of Wuhan (in Hubei Province). In subsequent days, similar measures were taken in other cities in Hubei and throughout China. This chapter documents several facts of the Chinese economy since the lockdown. The main findings are summariz...
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