Showing 1 - 10 of 24
This paper presents an integrated overview of the literature linking institutions, financial development and economic growth. From the large body of research on institutional development, the paper first selects those contributions that make it possible to study the role of institutional...
Persistent link: https://www.econbiz.de/10011314189
Although financial development is good for long-term growth, not all countries pursue policies that render full financial development. This paper builds on an extensive political economy literature to construct a theoretical model showing that the intensity of opposition to financial development...
Persistent link: https://www.econbiz.de/10010328179
This working paper studies the effect of remittances from the United States on crime rates in Mexico. The topic is … examined using municipal-level data on the percent of household receiving remittances and homicides per 100,000 inhabitants …. Remittances are found to be associated with a decrease in homicide rates. Every 1 percent increase in the number of households …
Persistent link: https://www.econbiz.de/10011314153
We identify whether remittances facilitate consumption smoothing during health shocks in Jamaica. In addition, we … investigate whether remittances are subject to moral hazard by receivers, how the informal insurance provided by remittances … remittances offer complete insurance toward decreased consumption during health shocks and that moral hazard is weak. The role of …
Persistent link: https://www.econbiz.de/10011314158
Remittances constitute a significant safety net for millions of households in Latin America and the Caribbean (LAC … of remittances. The recovery of remittances was accompanied by a modest and temporary increase in the interest in digital …
Persistent link: https://www.econbiz.de/10014518256
. Surprisingly, we found that the differences in income by education level declined in most cases. Remittances had a modest effect …
Persistent link: https://www.econbiz.de/10014518312
and unambiguously assert that trade openness is conducive to growth and poverty reduction, the preponderance of evidence … supports this conclusion. However, the majority of empirical studies also show that the impact of trade on growth and poverty …
Persistent link: https://www.econbiz.de/10011314087
Research from the United States shows that gaps in early cognitive and non-cognitive ability appear early in the life cycle. Little is known about this important question for developing countries. This paper provides new evidence of sharp differences in cognitive development by socioeconomic...
Persistent link: https://www.econbiz.de/10011314123
poverty. Drawing on data from Mexico's Adultos Mayores Program (Older Adults Program) --a cash transfer scheme aimed at rural …
Persistent link: https://www.econbiz.de/10011314137
of poverty rates and inequality levels. We also estimate a heterogeneous response to the mining-abundant condition …, finding stronger responses in lower-poverty, higher-inequality districts. Finally, we find a trend suggesting incremental … activities, on the reduction of poverty and inequality. …
Persistent link: https://www.econbiz.de/10011314151