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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
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
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
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
. The assessment is based on six efficient regulation principles developed by the OECD, namely: transparency, non … regulation principles Germany has been very successful in establishing a regulatory framework that has competently underpinned …
Persistent link: https://www.econbiz.de/10005837342
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
• 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
effects of remittances. The crucial assumption in the proportional hazard model is that the effect of the covariates is … characteristics, parental schooling, household income and the presence of remittances. In the model, household incomes are considered … separately from remittances in order to identify whether income from remittances have the same effect as other types of household …
Persistent link: https://www.econbiz.de/10011258591
The Moroccan economy relies heavily on remittances from abroad to the extent they are far more significant sources of … cycles of major hosting European countries on Moroccan workers’ remittances using impulse response functions of a VAR … modeling approach. Our findings include, first: the remittances to Morocco and major European countries’ GDP are positively …
Persistent link: https://www.econbiz.de/10011258729
-gyz labor migrant. Remittances shape the present state of the Kyrgyz economy;the quality of human capital, and its future …
Persistent link: https://www.econbiz.de/10011258781