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economic growth in Egypt during the period 1980–2019. Design/methodology/approach The paper uses a nonlinear autoregressive … long run, on the other hand, the growth impact of external debt in Egypt is symmetric. There is also support for the … harmful to economic growth would help inform policymakers in Egypt about maximum external debt levels that can be sustained …
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This paper constructs a two-period overlapping generations model of human capital investment decisions where a microloan program designed to finance entrepreneurial activities is active. It is shown that, in the presence of human capital externalities (social returns to education) there exists a...
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