Showing 1 - 10 of 1,513
Purpose – The purpose of this paper is to assess the effects of trade and financial globalization on human development … variables are exogenous to the endogenous components of explaining variables(globalization dynamic channels) conditional on … alternative globalization indicators; (2) endogeneity based estimation ; and (3) adoption of two interchangeable sets of …
Persistent link: https://www.econbiz.de/10009647358
Purpose – Is globalization instrumental in fighting corruption? Do wealth effects matter in this fight? Are findings … analysis, while the economic and social dimensions of globalization are reflected in the HDI, the political dimension is … captured by good governance indicators. A TSLS-IV estimation technique is applied where-in globalization instruments of trade …
Persistent link: https://www.econbiz.de/10009650668
Are formal institutions instrumental in the effect globalization mechanisms have on the human face? If so, through … some channels of globalization on poverty (and inequality), formal institutions have the capacity to device policies that …
Persistent link: https://www.econbiz.de/10011109659
The aim of this paper is to complement theoretical and qualitative literature with empirical evidence on the income-redistributive effect of mobile phone penetration in 52 African countries. It deviates from mainstream country-specific and microeconomic survey-based approaches in the literature...
Persistent link: https://www.econbiz.de/10011261106
This paper examines how domestic, foreign, private and public investments affect income-inequality through financial intermediary dynamics of depth, efficiency, activity and size. With the exception of financial allocation efficiency, financial channels of depth and activity are good for the...
Persistent link: https://www.econbiz.de/10009372548
Hitherto very few studies on the inequality-finance(investment) nexus have focused on the African continent owing to lack of relevant data. This paper integrates previously missing investment and financial components in the assessment of how finance affects pro-poor investment channels. Findings...
Persistent link: https://www.econbiz.de/10009372610
The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
Persistent link: https://www.econbiz.de/10011109487
In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial sector competition, we contribute at the same time to the macroeconomic literature on measuring financial development and respond to the growing field of economic development...
Persistent link: https://www.econbiz.de/10011114317
financial sector competition in Africa using updated data to appraise second generation reforms. The ‘freedom to trade’ and …
Persistent link: https://www.econbiz.de/10011258662
This chapter complements exiting African liberalization literature by providing fresh patterns of two main areas. First, it assesses whether African banking institutions have benefited from liberalization policies in terms of bank returns. Second, it models bank return and return uncertainty in...
Persistent link: https://www.econbiz.de/10011113931