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Mourmouras, Alex - 2004

We analyze how the altruism of an international financial institution (IFI) towards its lowincome member countries …. Thus, IFI altruism and the inability to commit are sufficient reasons to equip loans with conditions. Conditional loans … produce an efficient allocation of resources, so altruism is not a fundamental reason that loans fail to increase welfare …

Persistent link: https://www.econbiz.de/10014400281

Should Subsidized Private Transfers Replace Government Social Insurance?

Fullenkamp, Connel - 2000

Private transfers between individuals or through organized charities are increasingly viewed as an alternative for government social insurance programs. This paper models the incentive effects of government subsidized private transfers and finds that while there is a significant welfare benefit...

Persistent link: https://www.econbiz.de/10014403504

What is Different About Family Businesses?

Chami, Ralph - 2001

developing countries. This paper develops a theory of family business that brings market forces and the family, as a nonmarket …

Persistent link: https://www.econbiz.de/10014399982

Microeconomic Implications of Remittances in an Overlapping Generations Model with Altruism and Self-Interest

Melkonyan, Tigran A. - 2008

The paper explicitly models the dynamic strategic aspects of the interaction between the migrant and the remittance-receiving relative(s), with the migrant behaving as a Stackelberg leader. It is also different from other formalizations of remittance behavior in its treatment of the two...

Persistent link: https://www.econbiz.de/10014401824

Altruism and Workers' Remittances : Evidence From Selected Countries in the Middle East and Central Asia

Bouhga-Hagbe, Jacques - 2006

flows could be a valuable input to the analysis of their external vulnerabilities. This paper argues that ""altruism,"" as a … that altruism could have played an important role in the flow of remittances to Egypt, Jordan, Morocco, Pakistan, and …

Persistent link: https://www.econbiz.de/10014400396

A Theory of Workers' Remittances with An Application to Morocco

Bouhga-Hagbe, Jacques - 2004

This paper provides a model on how altruism, ""attachment"" to the home country, and portfolio diversification may act … are their degrees of altruism and ""attachment"" to their home country, and should also depend on interest rate …

Persistent link: https://www.econbiz.de/10014404024

Rightsizing Brazil's public-sector wage bill

Karpowicz, Izabela; Soto, Mauricio - 2018

Brazil's public-sector wage bill is comparatively high. It grows inertially and competes with other spending. Rightsizing the wage bill could stimulate administrative efficiency and bring more equity into a system where public employees earn more than private in comparable professions. Most...

Persistent link: https://www.econbiz.de/10011932408

Globalization and Relocation in a Vertically Differentiated Industry

Grilo, Isabel - 1998

This paper uses a vertical differentiation duopoly framework to analyze firms’ relocation decisions, when the removal of trade barriers or restrictions on capital outflows or inflows (“globalization”) allows them to serve the domestic market through foreign plants in low-wage countries....

Persistent link: https://www.econbiz.de/10014400720

Strategic Investment in a Debt Bargaining Framework

International Monetary Fund - 1989

This paper analyzes the strategic role of investment from a debtor country’s perspective. The framework is one in which, if the debtor country is unable to meet debt obligations, a bargaining regime determines the amount of debt repayment. In the context of a two-country real trade model, debt...

Persistent link: https://www.econbiz.de/10014396211

Spreading Currency Crises : The Role of Economic Interdependence

Berger, Wolfram - 2002

We analyze in this paper how the mutual dependence of private sector expectations in different countries on one another influences the stability of fixed exchange rate regimes. The crisis probabilities of countries trading with one another are interdependent because wage setters react to an...

Persistent link: https://www.econbiz.de/10014399568

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