Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster … macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises … interdependencies between the two types of crises, feedbacks between the two types of reform, the use of alternative measures of …

Danish reform. We separately identify the effect of aid from that of other observed and unobserved variables such as parental … income. We exploit the combination of a kinked aid scheme and a reform of the student aid scheme to identify the effect of …

This study offers a historical review of the monetary policy reform of October 6, 1979, and discusses the influences …) meetings during 1979. We then present and discuss in detail the reasons for the FOMC's adoption of the reform and the … the reform were consistent with monetarism, new, neo, or old-fashioned Keynesianism, nominal income targeting, and …

With the political changes in South Africa in the early 1990s, the South African government introduced a reform process …

local crime rates. We assess the effects of a recent reform in California that caused a sharp and permanent reduction in the … state's incarceration rate. We exploit the large variation across California counties in the effect of this reform on county …

Using a data set from the post welfare reform environment (the 1999 National Survey of America?s Families), this paper …