Showing 1 - 10 of 1,302
Purpose – The purpose of this paper is to simulate the indirect and direct effects of remittances in developing …‐run dynamic multiplier effects of hypothetical temporary changes in remittances, as well as simulates the permanent effects of … observed remittances. Findings – The results indicate positive multiplier effects in general, and they also reveal a …
Persistent link: https://www.econbiz.de/10014863338
study used 37 semi‐structured questionnaires from women borrowers financed by two microfinance institutions of Pakistan … larger ongoing research project, seeking to understand the influence and impact of microfinance on women's entrepreneurship … and empowerment within developing countries such as Pakistan. Design/methodology/approach – The research conducted in this …
Persistent link: https://www.econbiz.de/10014774201
Summary The economic works of Johann Heinrich von Thuenen include 1,000 unpublished pages of drafts and notes on the basis of which he prepared the second volume of his famous “Isolated State in Relation to Agriculture and Political Economy”. It’s bulk was not made accessible until today....
Persistent link: https://www.econbiz.de/10014609477
Purpose – The purpose of this paper is to empirically investigate the money demand function for five Southeast Asian countries, viz. Malaysia, Thailand, Singapore, the Philippines, and Indonesia. Design/methodology/approach – The ARDL modeling approach is employed because of its ability to...
Persistent link: https://www.econbiz.de/10014863156
Purpose – This paper aims to investigate the presence of currency substitution in eight African countries. Design/methodology/approach – This study investigates the presence of currency substitution in eight African countries – Egypt, Morocco, Nigeria, Ghana, Kenya, South Africa, Tunisia...
Persistent link: https://www.econbiz.de/10014863227
Applies an error‐correction model to demand for money in five African economies: Congo, Côte d′Ivoire, Mauritius, Morocco and Tunisia. Attention is given to a set of opportunity cost variables including expected inflation, domestic interest rate, foreign interest rate and expected...
Persistent link: https://www.econbiz.de/10014863398
According to the New Monetary Economics (NME), the introduction of on‐tangible payments media would altogether invalidate current monetary economics. After an illustration of the main tenets of the NME, critically analyses its rejection of both the quantity theory and liquidity preference on...
Persistent link: https://www.econbiz.de/10014863443
The objective of this study is to propose an economic model of the nominal money balances and reserves in the Turkish economy during the period 1960‐1988. As most of the variables show unit root non‐stationarity, an approach based on the error correction system (Phillips, 1991) is adopted....
Persistent link: https://www.econbiz.de/10014863535
The optimum quantity of money proposition, whose validity is agreed on, is actually open to criticism. The present paper argues that the weaknesses of the Friedman Rule from the application of the welfare theorems of general equilibrium theory to a monetary economy and shows how, the consistency...
Persistent link: https://www.econbiz.de/10014863543
This paper inquires into monetary standards, focusing on the characteristics of money instead of the exchange rate regime. The transition from commodity to fiat money, a major break in monetary evolution, has led to international arrangements that represent an application of the competitive...
Persistent link: https://www.econbiz.de/10014863559