This paper examines the effectiveness of foreign aid and foreign direct investment in the Czech Republic, Estonia, Hungary, Latvia, Lithuania and Poland. The model includes the labor force, capital stock, foreign aid and foreign direct investment, and is estimated using pooled annual time series...

This paper examines the effect of workers' remittances on economic growth in a sample of 39 developing countries using panel data from 1980-2004 resulting in 195 observations. A standard growth model is estimated using both fixed-effects and random-effects approaches. The empirical results show...

This paper examines the effect of Real Exchange Rate Volatility (RERVOL) on the Foreign Direct Investment (FDI) inflow in Bangladesh, India, Pakistan and Sri Lanka. A model that includes exchange rate volatility with other determinants of FDI is developed. Annual time series data from...

This article examines the impact of real exchange rate uncertainty on the private investment in South-east Asia using panel data from four countries of the region namely, Indonesia, Malaysia, the Philippines and Thailand. Annual time series data from 1972 to 2001 is used. Before carrying out the...

This paper studies the effect of currency depreciation in Greece and Cyprus using panel data from 1969 to 1998. An empirical model, which includes monetary as well as fiscal variables in addition to exchange rates, is developed. Two versions of this model, one with the real exchange rate and...

This paper analyses the effect of government budget deficits on national saving in the USA utilizing annual time series data from 1967 to 1996. A model that includes budget deficits, money supply, real exchange rate, real interest rate, and the proportion of working age population to total...