We empirically assess whether a usually expected negative response of private consumption and private investment to a fiscal consolidation is reversed. We focus on a large sample of 174 countries between 1970 and 2018. We also employ three alternative measures of the Cyclically Adjusted Primary...

In this paper, I study the effect of remittances on economic growth of the Fiji Islands. I provide empirical evidences based on data for the period 1979-2007 that remittances have a positive and significant impact on growth of Fiji's economy. The investigation also indicates the need to...

The link between remittances and economic growth is a controversial subject. While for some countries with relatively high and perpetual remittances inflow, the impact on growth may be positive, but this is not the case for all the remittance receiving countries. In this study, we use the Bounds...