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entrepreneurship or the performance of entrepreneurs in the informal economy. Focusing on institutional heterogeneity, this paper … characterizes external finance (i.e. local family-based equity, remittances, bank credit, business angel finance and venture capital … and both the propensity for entrepreneurship and the performance of entrepreneurs in the informal economy. …
Persistent link: https://www.econbiz.de/10011113412
primary cause that impedes the process of formalization. However whether flexible regulations can encourage formalization by … making gains of formalization more accessible and certain remains a question. In this paper we argue that flexible … regulations does not necessarily manifest into the incentives that are essential for formalization. Reducing rigidities in …
Persistent link: https://www.econbiz.de/10009323213
Financial development indicators are often applied to countries/regions without taking into account specific financial development realities. Financial depth in the perspective of monetary base is not equal to liquid liabilities in every development context. This paper introduces complementary...
Persistent link: https://www.econbiz.de/10009021966
This empirical study assesses the impact of specific regulatory policy measures, adopted in the Greek wholesale electricity market during the period 2004-2011, on the Day-Ahead Market Price. We consider an ARMA-GARCH model extended to include dummies and other exogenous variables that affect...
Persistent link: https://www.econbiz.de/10011108715
Annotated presentation made at the conference “Hacia una Mayor Competitividad e Integración de América Latina y el Caribe: la contribución de la banca de desarrollo”,on the occasion of the ALIDE Annual Meeting, Asunción, Paraguay, 19-20 May 2011. The paper describes first how regional...
Persistent link: https://www.econbiz.de/10011260005
• Available evidence strongly suggests that cotton producers in West Africa are relatively unresponsive to changes in world prices. This means they are poorly placed to take advantage of improved market conditions that might result from the reduction or abolition of cotton subsidies in rich...
Persistent link: https://www.econbiz.de/10005790071
This report assesses the impact of regulations and the regulatory process in Germany on trade and investment, as well as the extent to which market openness considerations are incorporated into the general policy framework for regulations. The assessment is based on six efficient regulation...
Persistent link: https://www.econbiz.de/10005837342
The objective of this study is to investigate whether remittances in Macedonia affect poverty and inequality. Using two … household surveys, one conducted in 2008, one in 2012, we find that remittances reduce both poverty and inequality. The …
Persistent link: https://www.econbiz.de/10011107324
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
This purpose of our paper is to explores the consequences of uncertainty on the remittances.These transfers are sent by … the consumption of home-resident family members as well as their own welfare. We prove that changes in remittances are not …
Persistent link: https://www.econbiz.de/10011107530