Showing 1 - 10 of 517
In this paper, we extend the growth model to include firm-specific technology capital and use it to assess the gains from opening to foreign direct investment. A firm's technology capital is its unique know-how from investing in research and development, brands, and organization capital. What...
Persistent link: https://www.econbiz.de/10012759771
We use a new firm-level dataset to examine the efficiency of investment in emerging economies. In the three-year period following stock market liberalizations, the growth rate of the typical firm's capital stock exceeds its pre-liberalization mean by an average of 5.4 percentage points....
Persistent link: https://www.econbiz.de/10012780226
the Philippine peso leads to increases in household remittances received from overseas. The estimated elasticity of … Philippine-peso remittances with respect to the Philippine/foreign exchange rate is 0.60. These positive income shocks lead to …
Persistent link: https://www.econbiz.de/10012761278
We implement a randomized experiment offering Salvadoran migrants matching funds for educational remittances, which are … remittances …
Persistent link: https://www.econbiz.de/10013051750
-country savings does not affect remittances sent home by migrants …
Persistent link: https://www.econbiz.de/10013055831
differences, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of … flows - such as Jamaica or El Salvador - are also better off due to migration, but for a different reason: remittances. The …% in countries with large incoming remittances. Our results are robust to accounting for imperfect transferability of …
Persistent link: https://www.econbiz.de/10013056595
Using new data matching remittances and monthly payroll disbursals, we demonstrate how fluctuations in migrants …' earnings in the United Arab Emirates affect their remittances. We consider three types of income fluctuations that are … observable by families at home: seasonalities, weather shocks and a labor reform. Remittances move with all of these income …
Persistent link: https://www.econbiz.de/10013027259
We study the impacts on remittances of offering migrants temporary discounts on remittance transaction fees. We … weeks after expiration of the discount. We find no evidence that the discounts cause migrants to shift remittances from … other remittance channels, or to send remittances on behalf of other migrants. These findings are consistent with naïveté on …
Persistent link: https://www.econbiz.de/10013046607
This paper tests how migrants’ willingness to remit changes when given the ability to direct remittances to educational … commitment of simply labeling remittances as being for education, to the hard commitment of having funds directly paid to a … raises remittances by more than 15 percent. Adding the ability to directly send this funding to the school adds only a …
Persistent link: https://www.econbiz.de/10013224131
migration. The principal hypothesis of this study is that remittances, knowledge and experience acquired by migrants during … migratory intensity and their urban /rural nature. The second section analyzes the relation between remittances and … between per capita income growth and the percentage of households that receive remittances across communities, both at the …
Persistent link: https://www.econbiz.de/10013211699