Showing 1 - 10 of 4,829
Persistent link: https://www.econbiz.de/10012128680
This paper provides compelling evidence that equity market liberalization, as the most efficient way to smooth financial market frictions such as credit constraints, can alleviate persistent cross-dynastic income inequality by promoting increased human capital accumulation. The authors examine...
Persistent link: https://www.econbiz.de/10010311850
We argue that donors could improve the effectiveness of foreign aid by pursuing complementary and coherent non-aid policies. In particular, we hypothesize that aid from donors that are open to immigration has stronger growth effects than aid from closed donors. We estimate the aid-growth nexus...
Persistent link: https://www.econbiz.de/10010467104
Persistent link: https://www.econbiz.de/10010212785
This paper examines two important channels which influence the dynamic absorption of remittances at the macroeconomic … level: (i) the presence of borrowing constraints, and (ii) the distribution of remittances across recipient households …. Using an open economy DSGE model with heterogeneous households, we show that remittances accruing to hand …
Persistent link: https://www.econbiz.de/10012856721
focusing on their implications on migrant remittances flows in Tunisia and Morocco. Indeed, we analyze in which countries …, where individuals depend on remittances and where this dependence intersects with economic vulnerability and inadequate … (PCA), the results show that the decline in remittances will exacerbate economic difficulties during the crisis for …
Persistent link: https://www.econbiz.de/10012316007
We exploit the size of the 2010 Ecuadorian Census to estimate the effect of remittances on secondary school enrollment … model that accounts for both endogeneity and non-linearity issues, we find both positive and negative effects of remittances … are for rural females. For children in wealthier households, the effects of remittances are either negative or non …
Persistent link: https://www.econbiz.de/10011896632
Hardly any studies have investigated the impact of migrant remittances on economic growth (EG) and inequality in the … Western Balkans as a whole (WB6). Using the method of instrumental variables (VI), the findings show that while remittances … labor market and encouraging uncontrolled individual relocation. This paper also reveals that although remittances have …
Persistent link: https://www.econbiz.de/10012506307
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 paper recounts the history of the finance-growth nexus research from its origins to the yearly 1990s. The contributions are analyzed in connection with the socioeconomic context and advances in economic theory. Many ideas first expressed decades ago are still subject to constant discussions...
Persistent link: https://www.econbiz.de/10009690768