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This paper examines the causality relationship between immigration, Unemployment and economic growth of the host … countries (France, Iceland, Norway and United Kingdom), growth positively causes immigration, while in any country, immigration … does not cause growth. …
Persistent link: https://www.econbiz.de/10009391585
In this paper, we reexamine empirically the finance/growth nexus. We argue that financial deepening should not only be … relationship between financial deepening and economic growth for OECD countries over the last forty years. …
Persistent link: https://www.econbiz.de/10009644846
This article explores the role of trend shocks in explaining the specificities of business cycles in developing countries using the methodology introduced by Aguiar and Gopinath (2007) [“Emerging Market Business Cycles: The Cycle Is the Trend” Journal of Political Economy 115(1)]. We specify...
Persistent link: https://www.econbiz.de/10010610335
Following Corrado, Hulten and Sichel (2005) this paper investigates French spending in intangible capital. In this work, we tackle two issues. First, working on national accounting data we sharply investigate the data sources, using detailed supply & use tables taken from the French national...
Persistent link: https://www.econbiz.de/10008520321
The aim of this paper is to investigate the link between currency misalignments and economic growth. Relying on panel … misalignments have a differentiated impact on economic growth depending on their sign: whereas overvaluations negatively affect … economic growth, real exchange rate undervaluations significantly enhance it. This result indicates that undervaluations may …
Persistent link: https://www.econbiz.de/10008493437
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