Purpose: This paper aims to examine the relationship between the dividend signaling hypothesis and a firm's life cycle. Design/methodology/approach: The authors use Dickinson's (2011) methodology to develop a proxy for the firm's stages in its life cycle and to examine the relationship between...

An important challenge in monetary economics is the development of an endogenous theory of money, which introduces money in a natural way and not as an external imposition. This paper reviews different approaches that have been used in monetary economic literature, and argues that overlapping...

Remittances are an important source of external resources for developing countries. These transfers may increase the levels of consumption and capital formation in these economies. This paper examines the economic impact of international remittances on different import categories. A panel VAR...