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The People’s Republic of China (PRC) has made significant steps in amending the country’s Personal Income Tax Law in 2018. Yet, there…

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Asian Development Bank (ADB)

Asian Development Bank

Uzbekistan has achieved sustained growth through its gradual transition to a market based economy through cautious economic policy…

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Asian Development Bank (ADB)

Anderson, Kym|Ginting, Edimon|Taniguchi, Kiyoshi

We examine the intersection between financial inclusion, financial literacy, and financial technology. Using worldwide data, we find a…

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Asian Development Bank Institute (ADBI)

Cumming, Douglas|Johan, Sofia

Using a new dataset on foreign direct investment (FDI) and a comprehensive measurement of environmental policy stringency and…

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Asian Development Bank Institute (ADBI)

Huang, Bihong|Yang, Zhuoxiang|Yu, Yantuan

Fintech has increasingly become part of the global economy with the evolution of technology, increasing investments in fintech firms,…

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Asian Development Bank Institute (ADBI)

Franco, Lavinia|García, Ana Laura|Husetović, Vigor|Lassiter, Jessica

A growing share of emerging markets (EMs) uses hybrid versions of inflation targeting that differ from the IT regimes of the OECD…

This paper revisits the fiscal sustainability condition proposed by Domar (1944). The Domar condition is derived from the government…

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Asian Development Bank Institute (ADBI)

Yoshino, Naoyuki|Miyamoto, Hiroaki

This paper examines the tail dependence between energy and housing markets in the United States by using cross-quantilogram approach.…

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Asian Development Bank Institute (ADBI)

Stenvall, David|Hedström, Axel|Yoshino, Naoyuki|Uddin, Gazi Salah|Taghizadeh-Hesary, Farhad

This study examines the feasibility of international monetary policy coordination among the ASEAN-5 + 3 countries using the two-…

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Asian Development Bank Institute (ADBI)

Sugandi, Eric Alexander

This paper focuses on the critical differences, but also some commonalities, between the EU and three countries in Northeast Asia – the…