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Despite the increasing importance of remittances in total international capital flows, the relationship between remittances and growth has not been adequately studied. This paper studies one of the links between remittances and growth, in particular how local financial sector development...
Persistent link: https://www.econbiz.de/10003333108
This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using simultaneous-equation panel data models for a panel of 12 MENA countries over the period 1990-2011. Our results indicate that there is evidence of bidirectional causality between...
Persistent link: https://www.econbiz.de/10010488272
bigger government reduced it, with the effects of inflation being statistically insignificant. Politically, the efficacy of … economy increased during both world wars, but was lower during the great depression. However, in the short run, the …
Persistent link: https://www.econbiz.de/10011694815
Fungibility of money is a central principle in economics. It implies that any unit of money is substitutable for …, incentivized setup many subjects do not treat money as fungible. When a label is attached to a part of their budget, subjects …
Persistent link: https://www.econbiz.de/10003716538
Job quality may usefully be thought of as depending on both job values (how much workers care about different job outcomes) and the job outcomes themselves. Here both cross-section and panel data are used to examine changes in job quality in OECD countries over the 1990s. Despite rising wages...
Persistent link: https://www.econbiz.de/10002841018
partners marry for money and the other where partners marry for romantic reasons orthogonal to productivity or debt. These … generate different investment incentives and therefore have a real impact on the market economy. While marrying for money …
Persistent link: https://www.econbiz.de/10003086586
central bank money. The key differences between cash and central bank digital currency (CBDC) include transaction efficiency …
Persistent link: https://www.econbiz.de/10014280913
inflation and unemployment. We focus on the G7 economies plus Spain, and use monthly data –high-frequency data in a macro …
Persistent link: https://www.econbiz.de/10012491801
This paper investigates the impact of oil price variations on sectoral inflation for a sample of 10 top oil importing … price on inflation tends to change across sectors and countries. Second, the inflationary effects of variations in oil …
Persistent link: https://www.econbiz.de/10014454468
so prevalent in the continent. Using large world samples, the literature has found that financial development increases …
Persistent link: https://www.econbiz.de/10003771659