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The Travails of Current Macroeconomic and Exchange Rate Management in China: The Complications of Switching to a New Growth Engine
Woo, Wing Thye - EconWPA - 2003
of inadequate financial intermediation. China should now expand its investment program to incorporate large import …
Persistent link: https://www.econbiz.de/10005062405
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Household Credit and Saving: Does Policy Matter?
Lawrence, Peter - EconWPA - 2002
This paper surveys the existing literature on the determinants of household savings and credit in developing countries and examines the ways in which macro-level policies might impact on household financial behaviour.
Persistent link: https://www.econbiz.de/10005556083
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Macroeconomic Determinants of Workers’ Remittances: Host vs. Home Country’s Economic Conditions
Vargas-Silva, Carlos; Huang, Peng - EconWPA - 2005
This study examines the determinants of worker’s remittances. Variance decompositions, impulse response functions and … Granger causality tests derived from a vector error correction model are used to test if remittances are affected by the … Dominican Republic, El Salvador, Mexico and the U.S. are used. The results indicate that remittances respond more to changes in …
Persistent link: https://www.econbiz.de/10005119455
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MANAGEMENT & DEVELOPMENT OF HAPPINESS : A PRIORITY IN SOCIO-ECONOMIC DEVELOPMENT
Dr.VSR.Subramaniam - EconWPA - 2005
If bigger objects go into a jar, then there will be space to fill it with smaller objects in sequence. If the order of the objects are reversed, then it ends in filling it at the starting point. Happiness in life is similar to this. Fill high priority needs in the life, and smaller needs can be...
Persistent link: https://www.econbiz.de/10005408439
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Estimation of Some Omani Macroeconomic Parameters - A Discussion
Rao, Ananth - EconWPA - 2003
The captioned article was earlier published in “Economic Horizons” volume 18, #72 – AH 1418 – 1997 (4) Pages (65-78). I had some concerns about the article regarding the methodology adopted for analysis in deriving the macroeconomic parameters and the derivation and interpretation of...
Persistent link: https://www.econbiz.de/10005561154
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Finance, law and growth during transition: a survey
Haas, Ralph de - EconWPA - 2002
This paper surveys the economic literature on the links between finance, law and growth in the Central and Eastern European transition countries. The literature that is surveyed at the outset of the paper shows that if a financial system is based on an adequate legal system it can positively...
Persistent link: https://www.econbiz.de/10005125524
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Do Stock Markets Promote Economic Growth?
Hanousek, Jan; Campos, Nauro F.; Filer, Randall K. - EconWPA - 2001
One of the most enduring debates in economics is whether financial development causes economic growth or whether it is a consequence of increased economic activity. Little research into this question, however has used a true causality framework. This paper fills this lacuna by using...
Persistent link: https://www.econbiz.de/10005413076
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The Rise in Returns to Education and the Decline in Household Savings
Chanda, Areendam - EconWPA - 2005
This paper explores the consequences of rising returns to human capital investment on the personal savings rate. Over …
Persistent link: https://www.econbiz.de/10005076792
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The technological theory of production and a method of decomposition of the rate of GDP in terms of labour and capital services
Pokrovski, Vladimir - EconWPA - 2003
It is assumed that performance of production system can be described with the three variables: amount of production equipment -- capital stock $K$ and 'consumption' of labour L and capital services S. It is shown that the production function can be specified as the known Cobb- Douglas production...
Persistent link: https://www.econbiz.de/10005134973
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Complementarity, Competition and Institutional Development: The Irish Loan Funds through Three Centuries
Hollis, Aidan; Sweetman, Arthur - EconWPA - 1997
Ireland's loan funds were a long lived, self-sustaining, large-scale microcredit organization that made millions of loans, without collateral, to the poor. We examine the life-cycle of this institution and show how the loan funds responded to their economic environment in ways that benefitted...
Persistent link: https://www.econbiz.de/10005076565