This paper studies empirically the link between remittances and growth volatility by examining the impact of … remittances on the propagation of real and monetary shocks. This study is conducted by employing dynamic panel generalized method … inflation is used to proxy for real and monetary volatility, respectively. The results show that the impact of remittances on …

remittances for investment purposes. To contribute to the discussion on these issues, we decided to integrate the current … allowed us to better understand the destination of remittances, but results are also useful to refine the interpretation of …

The paper develops a small open economy growth model with endogenous innovations, in the presence of environmental … externalities. Building on the Grossman ad Helpman (1991) analytical framework of endogenous growth in open economies, pollution is … distortions may in fact result in a reduction of the growth rate of the economy, unless investment in knowledge capital, that is …

them to maintain the systematic current account surpluses through which they stimulate their GDP growth and by means of … continuation of its growth. It is preparing to substitute the United States as a major engine of world economy. At the same time it …