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We propose a new Quantity Dual Approach (QDA) to estimate the contribution of nontraded goods to Real Exchange Rate (RER) fluctuations. This method is immune to the bias resulting from the non-inclusion of some goods in CPI calculations and can be applied even in a stringent data environment...
Persistent link: https://www.econbiz.de/10012822790
This paper discusses two issues in the relationship between inequality and economic growth: the data and the econometrics. We first review the inequality data set of Deininger and Squire, which, we argue, fails to provide adequate or accurate longitudinal and cross-country coverage. We then...
Persistent link: https://www.econbiz.de/10014114898
This study investigates the effects of exports on income per capita using a panel data set of 150 countries from 1990 to 2012. We have found that exports have differing effects on income distribution depending on different phases of economic development. As exports (measured as the percent of...
Persistent link: https://www.econbiz.de/10014331922
remittances and income inequality. In simple cross-country regressions we find a non-monotonic link between these two variables … stages of migration history, there is an inequality-increasing effect of remittances on income inequality. Then, as the … opportunity cost of migrating is lowered due to these effects, remittances sent to those households have a negative impact on …
Persistent link: https://www.econbiz.de/10003774569
variable, the one related to the increasingly important phenomenon of international migrations, namely emigrants' remittances …. Remittances can help reduce output growth volatility thanks to their considerable magnitude, stability and low pro … over the period 1980-2003, we provide robust evidence that remittances are negatively correlated to output growth …
Persistent link: https://www.econbiz.de/10012723723
inverted U-shaped relationship between international remittances and income inequality in a cross section of 78 countries. Our … inequality-increasing effect of remittances on income inequality. Then, as the opportunity cost of migrating decreases due to … this effect, remittances tends to lower inequality. We also show how education and the development of the financial sector …
Persistent link: https://www.econbiz.de/10014055542
the hypothesis that both emigration and remittances reduce child labor. …
Persistent link: https://www.econbiz.de/10011398473
Persistent link: https://www.econbiz.de/10010520468
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 …
Persistent link: https://www.econbiz.de/10011346094
Persistent link: https://www.econbiz.de/10010399752