Some studies that investigate the effects of migration flows –based on Solow‟s growth theory (1956) and considering the specific contribution of the human capital transfer of migrant workers (Mankiw e al. 1992; Dolado e al. 1994, Piras, 1996) –allow to evaluate the negative...

The relationship between financial development and economic growth has received enormous attention in the economic literature of the last decade. The widely accepted consensus finding is that financial development has a positive effect on growth at either aggregate, or industry or firm levels....