possibility of reducing inequality and poverty through equity market liberalization. …

This paper examines three possible approaches to pro-poor growth. The first one assumes that the poverty line remains … constant in real terms over time. The second perspective examines the case where the poverty line is equal to half the median … of the income distribution but assumes that such a poverty line is determined exogenously. Finally we also propose a …

Using bilateral data on remittance flows to Pakistan for 23 major host countries, this is the first study that examines … the effect of transaction costs on foreign remittances. The authors find that the effect of transaction costs on … home or make them remit through informal channels. They also find that remittances are facilitated by the existence of …

This paper studies the remittances' effect on economic growth. Using panel data techniques, the authors estimate … provide new robust evidence on how remittances are used in MENA countries and detect the main channels which may interfere in … this process. Estimation outcomes show that the most important part of remittances is consumed and that remittances …