Showing 1 - 10 of 468
This paper studies the factors banks perceive as drivers and obstacles to financing small and medium enterprises (SMEs), focusing on the role of competition and the institutional framework. Using a survey of banks in Argentina and Chile, the paper shows that, despite alleged differences in the...
Persistent link: https://www.econbiz.de/10005129199
This paper studies the relation between institutional investors and capital market development by analyzing unique data … pension funds may have contributed to the development of certain primary markets, these patterns do not seem fully consistent … with the initial expectations that pension funds would be a dynamic force driving the overall development of capital …
Persistent link: https://www.econbiz.de/10005133793
Private debt flows to developing countries surged to record levels over the period 2003-07. A few low-income countries have gained access to the international bond market but the bulk of the flows have continued to go to just a few large middle-income countries. Most low-income countries still...
Persistent link: https://www.econbiz.de/10005116302
The majority of economic decisions taken by individuals are forward looking and thus involve their expectations of future outcomes. Understanding the expectations that individuals have is thus of crucial importance to designing and evaluating policies in health, education, finance, migration,...
Persistent link: https://www.econbiz.de/10005079997
countries to find the mix of economic and social aid that jointly promotes the participation of the poor in the development … process under globalization. In this manner, aid can make greater strides in spurring development. …
Persistent link: https://www.econbiz.de/10010884962
This paper examines support for reducing inequality and for income redistribution to specific groups in Europe and … of support for reducing inequality. …
Persistent link: https://www.econbiz.de/10010960249
This paper presents a new methodology to measure inequality that optimally combines household survey information and …
Persistent link: https://www.econbiz.de/10011252713
Price and income elasticities estimated from a country's export demand function are used both to predict and to …
Persistent link: https://www.econbiz.de/10005079483
The author provides theoretical and empirical evidence of a negative association between income inequality and real … exchange rates. First, he builds a theoretical model showing the transmission mechanism from inequality to real exchange rates … negative relationship between inequality and real exchange rates does not imply that policies aimed at dramatic redistribution …
Persistent link: https://www.econbiz.de/10005079501
quality on growth and inequality. These two results combined suggest that infrastructure development can be highly effective …The authors provide an empirical evaluation of the impact of infrastructure development on economic growth and income … involves the estimation of simple equations for GDP growth and conventional inequality measures, augmented to include, among …
Persistent link: https://www.econbiz.de/10005079502