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The literature on remittances is large and growing. However, its focus has mainly been on the effects of remittance …
Persistent link: https://www.econbiz.de/10011881574
The current fiscal imbalances and fragilities in the Southern and Eastern Mediterranean countries (SEMC) are the result of decades of instability, but have become more visible since 2008, when a combination of adverse economic and political shocks (the global and European financial crises, Arab...
Persistent link: https://www.econbiz.de/10010337694
We study the effect of inflowing remittances - a major source of capital for many countries - on tax-revenues and tax …-policy. Instrumenting remittances with changes in the oil-price interacted with a country's distance to oil-producing countries, we find … that remittances have a large positive effect on VAT revenues but no effect on income-tax revenues. This suggests that …
Persistent link: https://www.econbiz.de/10012994850
-political instability once fiscal policy and remittances have been accounted for. It focuses on import prices to reflect the vulnerability … and income per capita. On the other hand, while remittances seem to dampen the adverse effect of import food price shocks …
Persistent link: https://www.econbiz.de/10013252035
The Morocco Policy Analysis model (MOPAM) was created in the Bank Al-Maghrib to simulate the impact of external …
Persistent link: https://www.econbiz.de/10012613662
Policymakers must do something to slow the growing debt burden or else face a major fiscal meltdown. Proposals such as Medicare for All and the Green New Deal would only make the looming fiscal crisis worse
Persistent link: https://www.econbiz.de/10013248991
We examine the immediate effects and bounce-back from six modern health crises: 1968 Flu, SARS (2003), H1N1 (2009), MERS (2012), Ebola (2014), and Zika (2016). Time-series models for a large cross-section of countries indicate that real GDP growth falls by around three percentage points in...
Persistent link: https://www.econbiz.de/10012240782
The coronavirus pandemic triggered strong political action across Europe. Mandatory restrictions to increase social …
Persistent link: https://www.econbiz.de/10014390569
Persistent link: https://www.econbiz.de/10012805922