Showing 1 - 10 of 2,148
This paper proposes a simple analytical model to examine conditions in which a government policy to improve imperfect credit markets is practiced through a democratic political process, and analyzes interactions between the politically implemented policy and economic development. Individuals who...
Persistent link: https://www.econbiz.de/10011107764
The aim of paper is to investigate the affect of financial development on rural-urban income inequality in India over the period of 1960-2008. In doing so, ARDL bounds testing approach was applied to examine cointegration and Ng-Perron unit root test to check the order of integration of the...
Persistent link: https://www.econbiz.de/10008753096
Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. In the paper Latvian economic indicators before and after entering the EU are...
Persistent link: https://www.econbiz.de/10009216353
Remittances by migrants to their countries of origin constitute the largest source of external finance for developing …-foundations of the links between remittances finance and endogenous growth. Our theoretical set up helps to show how local financial … system development and the quality of institutions influence a country’s capacity to take advantage of remittances. Among …
Persistent link: https://www.econbiz.de/10011109245
-model approach. In the long-run, trade openness, ODA, and remittances have a significant positive effect on the income level, while … while remittances, trade openness and financial development have lagged negative effects. Therefore, understanding that aid …
Persistent link: https://www.econbiz.de/10011110256
This paper examines the link between financial openness and financial development through panel data analysis on advanced and emerging market countries. Using indices, financial openness together with institutional and educational variables explains a large part of the variation in financial...
Persistent link: https://www.econbiz.de/10011107291
This paper analyses the relationship between financial development (as measured by expansion of domestic credit to private sector relative to GDP) and growth for a sample of 65 less developed countries over a long period, 1980-2006. Using causality tests at various lag-orders we find a strong...
Persistent link: https://www.econbiz.de/10009277852
This study contributes to the debate on financial development and economic growth in Malaysia using quarterly observations for a sample period from 1980 to 2002. It utilises a battery of financial indicators. Based on multivariate framework which takes real interest rate and capital stock into...
Persistent link: https://www.econbiz.de/10005260031
This paper explores the non-linear relationship between financial development and economic growth. It mainly relies on the Panel Smooth Transition Regression (PSTR) model of Gonzalés et al. (2005) and three metrics of financial development to endogenously assess the impact of financial...
Persistent link: https://www.econbiz.de/10011271319
There are few studies of the social and economic consequences of remittances from migrant workers on poverty and … inequality in their home country until recently, especially in Haiti. The known amount of remittances sent to Haiti by the … that characterize Haitian society. Although expectations about macroeconomic impacts of remittances on beneficiaries …
Persistent link: https://www.econbiz.de/10011107325