Showing 1 - 10 of 470
We investigate the relationship between remittances inflow and economic growth in a sample of 65 emerging countries …). Our empirical results show that the effect of remittances inflow on economic growth exhibits a highly nonlinear pattern …, which sheds new light on the remittances-growth nexus and provides evidence of a nonlinear relationship. …
Persistent link: https://www.econbiz.de/10015050998
We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between … contribute to expanding the host country's capital stock. The model suggests that greenfield FDI has a stronger impact on growth … than M&A sales. This hypothesis is supported by our empirical results, which show that greenfield FDI enhances growth …
Persistent link: https://www.econbiz.de/10011430093
This document summarizes the thrust of my monograph book Disasters and the Networked Economy (2003, NY: Routledge. 228 pp. ISBN: 978-0-415-66629-9). It is no substitution for the book, but it attempts to make salient the main concepts, explanations and conclusions of it. It does so by first...
Persistent link: https://www.econbiz.de/10010368168
Real exchange rate policy can potentially be utilized to target the trade balance and/or development through capital accumulation. However, the presence of distributional conflict and the trade-off between current and future trade imbalances complicates matters. I show that policy assignment...
Persistent link: https://www.econbiz.de/10012388906
This article investigates the effects of macroeconomic policy (monetary and fiscal) on output growth during financial …
Persistent link: https://www.econbiz.de/10010285311
cross-sectional regressions of manufacturing industries' growth rates covering 17 years. Net portfolio debt inflows are … negatively associated with growth during the mid 1990s. The magnitudes of the negative effect of surges in portfolio debt inflows … on growth are substantial in the late 1990s for a number of countries. The effect of debt inflows on growth in the 2000s …
Persistent link: https://www.econbiz.de/10010287774
-based systems, and their impact on the choice of migrants to send remittances. Secondly we discuss whether alternative remittances … countries. We find that in comparison to traditional remittances sending channels, mobile money transfer channels are often …, availability and access to the remittances by receiving households or security of transactions. More importantly, mobile cash …
Persistent link: https://www.econbiz.de/10012109598
-based systems, and their impact on the choice of migrants to send remittances. Secondly we discuss whether alternative remittances … countries. We find that in comparison to traditional remittances sending channels, mobile money transfer channels are often …, availability and access to the remittances by receiving households or security of transactions. More importantly,mobile cash …
Persistent link: https://www.econbiz.de/10012178980
This paper challenges the conventional view according to which disinflations in LAC-even from low and moderate peaks-have been carried out at no cost to output. After suggesting a new methodology that allows for long-lived effects and inflation inertia when measuring costs of disinflations,...
Persistent link: https://www.econbiz.de/10010293509
distribution, growth and international specialization. The model is explored both for the steady-state properties and the … transitory dynamics of integrated economies. Income inequality affects the patterns of growth and international specialization as …
Persistent link: https://www.econbiz.de/10010294524