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Fiscal Sustainability in Remittance-Dependent Economies
Chami, Ralph - 2009
We investigate the impact of remittances on public debt sustainability and detail how the traditional debt-to-GDP ratio … remittance inflows. The main result is that inclusion of remittances into the traditional debt sustainability analysis alters the …
Persistent link: https://www.econbiz.de/10012677866
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The Macroeconomic Impact of Scaled-up Aid
Sacerdoti, Emilio - 2009
We develop a simple macroeconomic model that assesses the effects of higher foreign aid on output growth and other macroeconomic variables, including the real exchange rate. The model is easily tractable and requires estimation of only a few basic parameters. It takes into account the impact of...
Persistent link: https://www.econbiz.de/10012677733
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Institutional Factors and Financial Sector Development
Toroyan, Hovhannes - 2009
The paper assesses the effects of certain institutional factors on financial sector development in Sub- Saharan Africa (SSA). Data Envelopment Analysis (DEA) is applied to determine the extent to which these institutions affect the financial sector, and to suggest which institutions play a more...
Persistent link: https://www.econbiz.de/10012677506
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Fiscal Policy and Economic Development
Mourmouras, Alex - 2008
This paper offers possible explanations for three generally observed facts about fiscal policy and development: (F1) The relative size of government increases as an economy develops, (F2) The rise in government and taxation are associated with rising or constant economic growth rates, and (F3)...
Persistent link: https://www.econbiz.de/10012677599
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Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries
Mongardini, Joannes - 2009
grants and remittances and the equilibrium real exchange rate in Sub-Saharan African (SSA) countries using panel techniques …. The results indicate that grants and remittances are not associated, in the long run, with an appreciation of the real … and remittances may be serving to ease supply constraints or boost productivity in the non-tradable sector in t …
Persistent link: https://www.econbiz.de/10012677761
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Do the Gulf Oil-Producing Countries Influence Regional Growth? the Impact of Financial and Remittance Flows
Ilahi, Nadeem - 2008
GDP, private consumption and private investment in regional countries are strongly associated with remittance outflows …
Persistent link: https://www.econbiz.de/10012677620
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Garbage In, Gospel Out? Controlling for the Underreporting of Remittances
Melkonyan, Tigran A. - 2008
Empirical studies that use self-reported data on remittances to measure the latter's impact on microeconomic incentives …-reporting of remittances. After controlling for this, we find a strong negative impact of remittances on incentives to work …
Persistent link: https://www.econbiz.de/10012677662
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Beware of Emigrants Bearing Gifts : Optimal Fiscal and Monetary Policy in the Presence of Remittances
Gapen, Michael T - 2006
Intro -- Contents -- I. INTRODUCTION -- II. REMITTANCES -- THEIR MOTIVATION -- III. A STOCHASTIC MONETARY ECONOMY -- IV …
Persistent link: https://www.econbiz.de/10013042570
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What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador.
Nery Saca, Nolvia - 2006
Intro -- Contents -- I. INTRODUCTION -- II. BRIEF REVIEW OF RESEARCH ON EL SALVADOR'S RECEIPTS OF REMITTANCES -- III …
Persistent link: https://www.econbiz.de/10012691067
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Altruism and Workers' Remittances : Evidence from Selected Countries in the Middle East and Central Asia
Bouhga-Hagbe, Jacques - 2006
Intro -- Contents -- I. INTRODUCTION -- II. DETERMINANTS OF WORKERS' REMITTANCES AND THEIR IMPLICATIONS -- III …
Persistent link: https://www.econbiz.de/10012691145