Cross-Border Spillover Effects of State Increases in Minimum Wages

2020 ◽  
Author(s):  
Chen Huang
Keyword(s):  
Spillover Effects ◽  
Minimum Wages ◽  
Cross Border

Spillover Effects from Voluntary Employer Minimum Wages

2021 ◽  
Author(s):  
Ellora Derenoncourt ◽  
Clemens Noelke ◽  
David Weil
Keyword(s):  
Spillover Effects ◽  
Minimum Wages

scholarly journals Domestic Lending and the Pandemic: How Does Banks' Exposure to Covid-19 Abroad Affect Their Lending in the United States?

2021 ◽  
Vol 2021 (056) ◽  
pp. 1-45
Author(s):  
Judit Temesvary ◽  
◽  
Andrew Wei ◽  
Keyword(s):  
United States ◽  
Spillover Effects ◽  
The United States ◽  
Registry Data ◽  
Cross Border ◽  
Foreign Countries ◽  
The U.S

We study how U.S. banks' exposure to the economic fallout due to governments' response to Covid-19 in foreign countries has affected their credit provision to borrowers in the United States. We combine a rarely accessed dataset on U.S. banks' cross-border exposure to borrowers in foreign countries with the most detailed regulatory ("credit registry") data that is available on their U.S.-based lending. We compare the change in the U.S. lending of banks that are more vs. less exposed to the pandemic abroad, during and after the onset of Covid-19 in 2020. We document strong spillover effects: U.S. banks with higher foreign exposures in badly "Covid-19-hit" regions cut their lending in the United States substantially more. This effect is particularly strong for longer-maturity loans and term loans and is robust to controlling for firms’ pandemic exposure.

Ethiopia shows East Africa leadership transition risks

2015 ◽  
Keyword(s):  
East Africa ◽  
Prime Minister ◽  
Spillover Effects ◽  
Leadership Transition ◽  
Foreign Investors ◽  
Content Type ◽  
Political Dynamics ◽  
Cross Border ◽  
Leadership Transitions ◽  
Resistance Movement

Subject The outlook for leadership transitions in East Africa. Significance Ethiopia, Uganda and Rwanda are ruled by parties that transformed from armed liberation movements. The Ethiopian People's Democratic Revolutionary Front (EPRDF), Uganda's National Resistance Movement (NRM) and the Rwandan Patriotic Front (RPF) all took power within a few years of one another. They maintain party-to-party contacts and run tightly-controlled states which hold regular and ostensibly multiparty elections. Ethiopia's forthcoming elections in May will be the first since the death of liberation-era Prime Minister Meles Zenawi. Its leadership transition provides signals for the region's other post-liberation states. Impacts Institutionalised leadership transitions would help provide regulatory clarity to foreign investors. Unstable transitions in any of these countries would have regional spillover effects, given cross-border political dynamics. Strong, coherent military institutions may prove an important guarantor of a stable transition, barring direct interference in politics.

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