Showing 1 - 10 of 14,901
A large body of evidence suggests that poor countries tend to invest less (have lower PPP - adjusted investment rates …) and to face higher relative prices of investment goods. It has been suggested that this happens either because these … countries have lower TFP in the investment - good producing sectors, or because they are subject to greater investment …
Persistent link: https://www.econbiz.de/10012727281
This paper analyses the welfare effects of microfinance and inflation in developing countries. Therefore, we introduce a moral hazard problem into a monetary search model with money and credit. We show how access to basic financial services affects households' decisions to borrow, to save and to...
Persistent link: https://www.econbiz.de/10009772193
This paper looks at an institutional innovation in which Western investors lend peer-to-peer to poor country …
Persistent link: https://www.econbiz.de/10014204628
funding innovation projects.The authors of the paper have analysed the environment and the factors that influence private …
Persistent link: https://www.econbiz.de/10013026513
This paper aims to investigate the long-run relationship between financial development and economic growth using panel … growth. The long-run panel estimates indicate that financial development has a positive and significant impact on economic … growth. For the robustness of the results, this paper has also performed time-series analysis on a single country basis. The …
Persistent link: https://www.econbiz.de/10011904249
firm plays an important role in a firm's decision to adopt a technology. Can such a theory help to explain the differences …
Persistent link: https://www.econbiz.de/10013099181
What is the role of a country's financial system in determining technology adoption? To examine this, a dynamic contract model is embedded into a general equilibrium setting with competitive intermediation. The terms of finance are dictated by an intermediary's ability to monitor and control a...
Persistent link: https://www.econbiz.de/10014176468
This paper analyses the welfare effects of microfinance and inflation in developing countries. Therefore, we introduce a moral hazard problem into a monetary search model with money and credit. We show how access to basic financial services affects households' decisions to borrow, to save and to...
Persistent link: https://www.econbiz.de/10011390685
Sources of economic growth in Ghana have not been clear. Several studies have contributed to the finance and growth … uses macrodata to examine the linkages between financial development, remittances, and economic growth in Ghana. We …, growth-enhancing, and a certain level of financial development can drag down economic growth in the long term and the …
Persistent link: https://www.econbiz.de/10013245766
Persistent link: https://www.econbiz.de/10011905767