Regulation of retail finance has been the subject of policy interventions in several countries, including India. Much of the regulatory change in India has been carried out with little support of empirical evidence. This paper is motivated by questions of the evidence of losses due to mis-sales...

This paper gives a first-time assessment of the interaction between retirement programs (public and occupational) and labor force behavior of older people in Ireland. Workers planning retirement face a trade-off between earnings from continued work and benefit payments from income security...

This paper uses an asset-based approach to examine poverty dynamics in rural China over the period 1989-2006. The analysis documents a significant structural component in the poverty dynamics of households. The lack of profitable agricultural asset accumulation plays an unneglectable role in...

Turkey has been implementing import surveillance measures. A possible impact of that is the over-invoicing of imports to avoid surveillance procedures, as goods whose prices are under a predefined reference undergo surveillance. We extend mirror statistics methodology with panel data techniques...

This paper employs a panel of 23 local governments in Taiwan over 1998-2010 to re-estimate the redistribution effects of intergovernmental fiscal transfers by considering a self-financing resources of local government as the transition variable in panel smooth transition regression models....

This paper asks whether government investment "crowds out" or "crowds in" private investment in China. We divide government capital expenditures into two types: (1) investment that serves to provide public goods and infrastructure, and (2) investment in private industry and commerce. The results...

The continued expansionary policy of the Federal Reserve gives rise to speculation whether the Fed will be able to maintain price stability in the coming decades. Most of the scientific work relating money to prices relies on broad monetary aggregates (i.e. <italic>M</italic> ₂ for the United States). In our...