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Almost all countries in the MENA region entered the new millennium with large unemployment rates. In this context, decision makers emphasize the role of efficient markets which could lead to higher firm creation rates and thereby, to lower unemployment rates. Aside to direct employment effects,...
Persistent link: https://www.econbiz.de/10011260144
Based on Aghion et al. (2005), this article provides new insights regarding whether financial development can affect economic growth non-linearly by adopting the concept of threshold effects. The empirical approach adopted in this article allows for the finance-growth relationship to be...
Persistent link: https://www.econbiz.de/10011107572
The present paper is motivated by the interest of a more thorough analysis of the determinants of remittances for developing countries. Thus, a simple formal remittance behaviour model is provided in which the amounts of the sums transferred are negatively related to the migrants’ individual...
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This paper is motivated by the growing empirical evidence suggesting large firm dynamism in all market oriented economies and the significant role that this dynamism plays in promoting reallocation of resources and ultimately productivity growth. It attempts to make two major contributions:...
Persistent link: https://www.econbiz.de/10009641540