-run Granger causality are employed. Usage of optimally specified econometric methods in contradiction to purely discretionary …

-Yamamoto causality test and the nonlinear autoregressive distributed lag (NARDL) modeling framework to analyze the data. Our results show … stationary. Using the Toda-Yamamoto causality test, we find no causality running from financial development to economic growth …, but there is evidence of reverse causality from economic growth to financial development. Furthermore, the NARDL model …

-stationary dynamic panel data. Our estimation results reveal that causality nexus of poverty and remittances is bi-directional. We also …The aim of this article is to investigate the causal relationship between remittances and poverty reduction for 14 … weak impact on the poverty, remittances should be taken seriously, and this by taking measures by developed countries to …

In this paper, I measure the importance of remittances and financial development for developing countries. I estimate … channel for remittances to affect economic growth. The index brings together information from existing measures, reflecting … the more financial development in a country, the smaller becomes the impact of remittances on economic growth and it can …

suitable to control for unobserved heterogeneity as well as simultaneous bias existing between remittances and migrant's stock …. The main novelty with respect to the existing literature is the use of transaction costs of remittances as a superior … remittances, such as improved economic conditions in the receiving country, Pakistani migrant's stock in the source country, and …

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 …

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. …

The purpose of the study was to examine the relationship between remittances, financial sector development, and … are bound together in the long-run. The results also showed that remittances have a negative and significant effect on … of complementarity between remittances and financial sector development in influencing economic growth. In addition …