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This paper examines the effects of financial development on income inequality and poverty. The results of both cross …-country and panel data regressions suggest that inequality and poverty are reduced not only through enhanced loan markets, but … robust determinants of both income inequality and poverty. Finally, we find evidence that government spending leads to a …
Persistent link: https://www.econbiz.de/10011753191
inequality in case of Pakistan. The study has been divided into three linkages; one linkage is between financial development … distribution or income inequality, and the last one is between financial development, financial instability and poverty via … empirical evidence confirms the existence of McKinnon Conduit Effect (MCE) in Pakistan. The present study suggests suitable …
Persistent link: https://www.econbiz.de/10010812463
This paper studies determinants of income inequality using a newly assembled panel of 16 countries over the entire twentieth century. We focus on three groups of income earners: the rich (P99-100), the upper middle class (P90-99), and the rest of the population (P0-90). The results show that...
Persistent link: https://www.econbiz.de/10010320164
The paper assesses how remittances directly and indirectly affect industrialisation in a panel of 49 African countries … industrialisation. The non-interactive specification elucidates direct effects of remittances on industrialisation whereas interactive … specifications explain indirect impacts. The findings broadly show that for certain initial levels of industrialisation, remittances …
Persistent link: https://www.econbiz.de/10011596373
remittance income is spent. My findings suggest that in communities without banks remittances are more likely to be used for … increases the likelihood that remittances are used for productive investment and decreases the likelihood that remittances are … remittances for productive investment, purchasing assets, and general consumption. …
Persistent link: https://www.econbiz.de/10011603699
The paper assesses how remittances directly and indirectly affect industrialisation us ing a panel of 49 African … industrialisation. The non-interactive specification elucidates direct effects of remittances on industrialisation whereas interactive … specifications explain indirect impacts. The findings broadly show that for certain initial levels of industrialisation, remittances …
Persistent link: https://www.econbiz.de/10012112148
The study investigated the relationship among remittances, financial development and economic growth in a panel of 20 …/ARDL estimations with panel unit root and cointegration tests. After establishing cointegration, remittances and financial development … financial development acted as a substitute in the remittances-growth relationship. Finally, unidirectional causal relationships …
Persistent link: https://www.econbiz.de/10012602806
literature with little attention on remittances and the joint effect of financial sector development and remittances. This paper … uses macrodata to examine the linkages between financial development, remittances, and economic growth in Ghana. We … combined effect of financial development and remittances should be of concern to policymakers. …
Persistent link: https://www.econbiz.de/10012435773
F24; G21; D19. </AbstractSection> Copyright Coon; licensee Springer. 2014
Persistent link: https://www.econbiz.de/10011001811
This paper examines the relationship between migrants remittances and the prevalence of child labor by using a large … sample of developing countries. In particular, we investigate whether the inflow of remittances helps to offset the effects … (of which 31 are African) observed in the year 2000 and after taking into account the endogeneity of remittances …
Persistent link: https://www.econbiz.de/10010835779