This study estimates a Keynesian simultaneous, dynamic macroeconometric model to investigate the impact of remittances … multipliers indicate that impact of remittances on consumption, imports and income are all positive and reduce gradually while … due to remittances through the multiplier process. The remittances-induced output growth rate is highest during the early …

This paper examines fungibility as a possible explanation for the missing link between foreign aid and economic growth …. The composition of aid plays a crucial role in determining the composition of government spending and, consequently, the …. This leads to a reduction in domestic productive public spending and completely offsets any positive impact that aid might …

We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also … amount of foreign aid it receives, and (ii) there is a critical level of international financial transfer, and the marginal … effect of foreign aid is larger than that of loans if and only if the transfer (loans or foreign aid) is below this critical …

trade liberalization. With respect to the effects of changes in the rigidity of labor regulations on growth and inequality … rigidity do not systematically affect economic growth but do lower income inequality …

and developing countries between 1970 and 2015. Our main finding is that global earnings inequality has declined …, primarily during the 2000s, when the global Gini coefficient dropped nearly 10 points and the earnings share of the world … to varying real exchange rates, inequality measures and population definitions …

paper offers a solution to this disagreement, suggesting that volatility carries a positive direct effect, but also a … volatility is then ambiguous. The paper reveals the underlying endogeneity of government size in a balanced panel of 95 countries … increase of volatility lowers growth by up to 0.57 percentage points in a democracy, but raises growth by 1.74 percentage …

estimation methods are discussed and critically evaluated …

Due to inadequate savings and binding borrowing constraints, income volatility can make households in developing … countries particularly susceptible to economic hardship. We examine the role of remittances in either alleviating or increasing … household income volatility using Mexican household level data over the 2000 through 2008 period. We correct for reverse …