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Remittances by migrants to their countries of origin constitute the largest source of external finance for developing …-foundations of the links between remittances finance and endogenous growth. Our theoretical set up helps to show how local financial … system development and the quality of institutions influence a country’s capacity to take advantage of remittances. Among …
Persistent link: https://www.econbiz.de/10011109245
Remittances are an important source of external financing for a country like Morocco. We show in this paper the … properties of these financial flows. Indeed, we show that remittances are more stable than foreign direct investment. They are …
Persistent link: https://www.econbiz.de/10011111244
share of total population on unemployment in Pakistan for the period from 1973 – 2010. Empirical findings of this study …
Persistent link: https://www.econbiz.de/10011258937
industry financial composition on the export flow between a developing country, Pakistan, and its trading partners. Firms … economies have similar characteristics in terms of the level of financial and economic development, Pakistan has a greater … characteristics that promise higher returns. Pakistan also records on average a higher level of banking credit than its neighboring …
Persistent link: https://www.econbiz.de/10011110387
growth, agriculture and modern sectors in Pakistan over the period of 1972-2011. The Autoregressive Distributive Lag (ARDL … policy for Pakistan. …
Persistent link: https://www.econbiz.de/10011201349
The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
Persistent link: https://www.econbiz.de/10011109487
In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial sector competition, we contribute at the same time to the macroeconomic literature on measuring financial development and respond to the growing field of economic development...
Persistent link: https://www.econbiz.de/10011114317
burgeoning trends in mobile phone penetration, KE and poverty. Hence, the IFS definition has incontrovertibly fought its final …
Persistent link: https://www.econbiz.de/10011207388
Greenwood and Jovianvich (GJ) hypothesis applies to Pakistan. Using data from 1971 to 2005, the paper implements the Auto …-organized financial sector in Pakistan can help reduce income inequality. …
Persistent link: https://www.econbiz.de/10008805885
This deals with the investigation of the relationship between financial development and income inequality in case of Iran. In doing so, we have applied the ARDL bounds testing approach to examine the long-run relationship in the presence of structural break stemming in the series. The unit root...
Persistent link: https://www.econbiz.de/10011110290