In this paper we investigate the role of financial development, or more wide-spread access to finance, in generating economic growth in four Latin American countries between 1980 and 2007. The results, based on panel time-series data and analysis, con.rm the Schumpeterian prediction which...

We investigate in this paper whether income growth has played any role on inequality in all nine young South American democracies during 1970-2007. The results, based on dynamic panel time-series analysis, suggest that income growth has played a progressive role in reducing inequality during the...

In this paper I investigate whether democracy in the Southern African Development Community (SADC) has had any effect on education during the 1980-2009 period. The results, based on panel time-series analysis (I use the Pooled OLS and Fixed Effects estimators in order to deal with heterogeneity...

I investigate whether primary school completion has played any role on total fertility rates in all fifteen countries of the Southern African Development Community (SADC) between 1980 and 2009. The evidence, based on panel time-series analysis (I use the Pooled OLS, Fixed Effects and Fixed...

In this paper I investigate whether secondary school enrollment has played any role on total fertility rates in all Â…fifteen countries of the Southern African Development Community (SADC) between 1980 and 2009. The evidence, based on panel time-series analysis (I make use of the Pooled OLS,...

In this paper we investigate the role of inflation rates in determining economic growth in fifteen sub-Saharan African countries, which are all members of the Southern African Development Community (SADC), between 1980 and 2009. The results, based on panel time-series data and analysis, suggest...

In this paper we investigate the role of inflation rates in determining economic growth in fifteen sub-Saharan African countries, which are all members of the Southern African Development Community (SADC), between 1980 and 2009. The results, based on panel time-series data and analysis, suggest...

This paper investigates the evolution of monetary transmission mechanism in Malawi between 1981 and 2010 using a time varying parameter vector autoregressive (TVP-VAR) model with stochastic volatility. We evaluate how the responses of real output and general price level to bank rate, exchange...

This paper estimates a Bayesian Dynamic Stochastic General Equilibrium (DSGE) model of Malawi and uses it to account for short-run monetary policy response to aid inflows between 1980 and 2010. In particular, the paper evaluates the existence of a “Dutch Disease†following an increase...

The purpose of the study is to examine whether financial reforms implemented in the 1980's and 1990's altered the pattern of aggregate consumption behaviour in Malawi. More specifically, the study questions whether financial reforms affected consumption behaviour by reducing the excess...