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This paper uses a production function to examine the channels through which remittances affect output per worker in 31 … Sub-Saharan Africa (SSA) countries from 1980-2010. We find that remittances directly increase output per worker if … remittances have increased human capital among the low-income nations, among the upper-middle-income nations, they have mostly …
Persistent link: https://www.econbiz.de/10011103382
migrants send home. This paper examines whether remittances actually increase with migrants’ education level. The determinants … of remittances it considers include migration levels or rates, migrants’ education level, and source countries’ income … considered in the few studies on this topic. Our main finding is that remittances decrease with the share of migrants with …
Persistent link: https://www.econbiz.de/10005761778
The sign of worker remittances in growth regressions is heavily disputed in the literature. Comparing two growth … the variance inflation factors (VIF). In our case the variance inflation factor for remittances depends on the use of a … of remittances is positive. …
Persistent link: https://www.econbiz.de/10005000470
The sign of worker remittances in growth regressions is heavily disputed in the literature. Comparing two growth … the variance inflation factors (VIF). In our case the variance inflation factor for remittances depends on the use of a … of remittances is positive. …
Persistent link: https://www.econbiz.de/10010712006
This contribution investigates the causal interactions between financial development, trade openness and economic growth in a panel of 3 countries of North Africa (Tunisia, Morocco, and Egypt) over the period 1980-2012. Using system Generalized Method of Moment (GMM) panel data analysis, we find...
Persistent link: https://www.econbiz.de/10011122430
This paper proposes a model to examine conditions in which a government policy to improve imperfect credit markets is practiced through a democratic political process, and analyzes interactions between the politically implemented policy and economic development. The policy increases the welfare...
Persistent link: https://www.econbiz.de/10009366286
The aim of paper is to investigate the affect of financial development on rural-urban income inequality in India over the period of 1960-2008. In doing so, ARDL bounds testing approach was applied to examine cointegration and Ng-Perron unit root test to check the order of integration of the...
Persistent link: https://www.econbiz.de/10008753096
This paper proposes a simple analytical model to examine conditions in which a government policy to improve imperfect credit markets is practiced through a democratic political process, and analyzes interactions between the politically implemented policy and economic development. Individuals who...
Persistent link: https://www.econbiz.de/10011107764
This paper provides compelling evidence that equity market liberalization, as the most efficient way to smooth financial market frictions such as credit constraints, can alleviate persistent cross-dynastic income inequality by promoting increased human capital accumulation. The authors examine...
Persistent link: https://www.econbiz.de/10010954791
This paper provides compelling evidence that equity market liberalization, the most efficient way to smooth financial market frictions such as credit constraints, can alleviate persistent cross-dynastic income inequality through increasing the accumulation of human capital. We examine the impact...
Persistent link: https://www.econbiz.de/10010956105