theoretical framework, whether international remittances significantly impact per capita economic growth in Nigeria. Design … model to examine the type of relationships between remittances and Nigeria's per capita growth. Finding: The study reveals a … remittances inflow enhances per capita growth both in long-run and short-run in Nigeria, Furthermore, the study found that …

We estimate a New-Neoclassical Synthesis model of the business cycle with two investment shocks. The first, an … investment-specific technology shock, affects the transformation of consumption into investment goods and is identified with the … relative price of investment. The second shock affects the production of installed capital from investment goods or, more …

We estimate a New-Neoclassical Synthesis model of the business cycle with two investment shocks. The first, an … investment-specific technology shock, affects the transformation of consumption into investment goods and is identified with the … relative price of investment. The second shock affects the production of installed capital from investment goods or, more …

account, driven by an initial, sharp decline in investment and fueled by medium term deleveraging, more so in advanced …