This paper aims to investigate empirically how international migration and remittances in Indonesia, particularly female migration, affect child outcomes and labor supply behavior in sending households. The authors analyze the Indonesia Family Life Survey data set and apply an instrumental...

The unprecedented progress of East Asia Pacific is a triumph of working people. Countries that were low-income a generation ago successfully integrated into the global value chain, exploiting their labor-cost advantage. In 1990, the region held about a third of the world’s labor force....

Reducing the impact of climate change on poor and vulnerable households is essential for hastening poverty reduction. In thinking about policies that do this, it is useful to apply the same hazard, exposure, and vulnerability framework that is often used to understand the physical impacts of...

In recent studies the importance of financial markets has been highlighted and financial systems have been ascribed an increasing influence over real sector development. However, most of these discussions fail to adequately integrate this relationship into a general macro economic model. The...

The “broken window” of Bastiat (1850) can be extended to any amount of destruction and can be extensively spotted in the works of mainstream economists, particularly those of Joseph Schumpeter who derived the term “creative destruction”. While natural disasters are different from other...

This topical book addresses unemployment in Europe, the wrong-headed reliance on NAIRU to formulate policy, distributional conflicts and financial factors, as well as problems faced in developing countries with respect to exchange rate policy, central banking, challenges to growth, and...

In this paper we take into account the role of the banking system, credit and stock market in stimulating aggregate demand in post Keynesian tradition. According to the results of impulse response analysis; it appears all three financial development indicators contributed as expected in...

Around the globe observations demonstrate that the countries with expected near- future- inflation, unsustainable ballooning government spending and expected recession head towards a financial crisis unless significant policy transformations take place convincingly and before late. And whilst...