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We document how housing price cycles relate to broader economic cycles in terms of (i) lead-lag characteristics and (ii) causal linkages between cyclical fluctuations in house prices and cyclical fluctuations in other parts of the economy. Consistent with the findings in the extant literature,...
We examine the effect of remittances on the migrant households consumption and saving patterns as well as their living standard using the Indonesia Family Life Survey data. Using matching - and difference-in-differences matching estimators, we find that remittances seem to change the household...
This paper analyzes how participants' preferred conceptions of their selves are disciplined by the organizationally-based discursive and material resources on which they draw. Our paper is principally an in-depth case study of the subjectivities of men who were serving, or who had served, in an...
We report on ultimatum game experiments conducted with same-age as well as mixed-age groups of Asian adolescents and adults. The findings indicate that compared with adults, adolescents make significantly larger offers to adult responders and are less likely to reject. Chinese subjects are found...
The concept of culture is traditionally the home turf of anthropologists. However, economists have become increasingly interested in culture, using the language of culture to study both macro- and micro-level economic phenomena. Anthropologists view this as an encroachment into their territory...
We analyse the possibility of successful industry self-regulation in terms of the strategic interactions between industry members and government. In particular, this paper presents a game-theoretic typology of generic self-regulatory scenarios and evaluates these in terms of the resulting...
Game harmony describes how harmonious (non-conflictual) or disharmonious (conflictual) the interests of players are in a game, as embodied in the game? raw payoffs. It departs from the traditional game-theoretic approach in that it is a non equilibrium behavioral approach which can be...