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Persistent link: https://www.econbiz.de/10003989514
The study investigated the dynamic interaction between savings, investment and economic growth in Nigeria within the …, should ensure that the savings with deposit money banks are properly channelled to long-term investment. The study further … attention to the dynamic interaction between GDS, and GDI by ensuring that the savings generated are properly channelled to …
Persistent link: https://www.econbiz.de/10012845749
results suggest that the correlation between investment and savings depends on institutions, exchange rate risk and credit …
Persistent link: https://www.econbiz.de/10013028896
We develop a model where workers, anticipating the possibility of unemployment, invest in connections to access information about available jobs. The investment in connections is high when the job separation rate is moderate, otherwise the investment in connections is low. The response of...
Persistent link: https://www.econbiz.de/10010288952
In a sticky-price model with labor market search and habit persistence, Walsh (2005) shows that inertia in the interest rate policy helps to reconcile the inflation and output persistence with empirical observations for the US economy. We show that this finding is sensitive with regard to the...
Persistent link: https://www.econbiz.de/10013316997
By lowering the cost of trade between the country of residence and the country of birth, migrants appear to reduce trade with other countries, so that the overall effect on aggregate trade is small.The effects of migrants on foreign direct investment appear to be different. Bilateral investment...
Persistent link: https://www.econbiz.de/10012723842
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Persistent link: https://www.econbiz.de/10003486147
According to the mainstream view, labour market institutions (LMI) are the key determinants of unemployment in the medium run. The actual empirical explanatory power of measures for labour market institutions, however, has been called into question recently (Baker et al 2005, Baccaro and Rei...
Persistent link: https://www.econbiz.de/10010265039
Is time-varying firm-level uncertainty a major cause or amplifier of the business cycle? This paper investigates this question in the context of a heterogeneous-firm RBC model with persistent firm-level productivity shocks and lumpy capital adjustment, where cyclical changes in uncertainty...
Persistent link: https://www.econbiz.de/10010266059