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ambiguous net effects on decisions about work, investment, and education. These net effects, and their mechanisms, are poorly … understood. We study a policy discontinuity in the Philippines that resulted in quasi-random assignment of temporary, partial … jobs on migrant households. A purpose-built survey allows nonexperimental tests of different theoretical mechanisms for the …
Persistent link: https://www.econbiz.de/10009672252
ambiguous net effects on decisions about work, investment, and education. These net effects, and their mechanisms, are poorly … understood. We study a policy discontinuity in the Philippines that resulted in quasi-random assignment of temporary, partial … jobs on migrant households. A purpose-built survey allows nonexperimental tests of different theoretical mechanisms for the …
Persistent link: https://www.econbiz.de/10013096767
ambiguous net effects on decisions about work, investment, and education. These net effects, and their mechanisms, are poorly … understood. We study a policy discontinuity in the Philippines that resulted in quasi-random assignment of temporary, partial … jobs on migrant households. A purpose-built survey allows nonexperimental tests of different theoretical mechanisms for the …
Persistent link: https://www.econbiz.de/10013081686
The present paper examines the causal linkage between remittances, financial development, and economic growth in a … Generalized Method of Moment (GMM) panel data analysis, we find strong evidence of a positive relationship between remittances and … economic growth. We also find evidence that remittances appear to be working as a complement to financial development and …
Persistent link: https://www.econbiz.de/10010791400
wealth, whereas the majority working class, partly due to limited investment available from an underdeveloped financial …
Persistent link: https://www.econbiz.de/10014314291
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
inflow and economic growth of the Philippines. We find remittances to positively affect economic growth and therefore are …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 …
Persistent link: https://www.econbiz.de/10013116333
direct investment (FDI), and foreign aid were found to be important moderators of the remittances-savings linkage. For the …This paper investigates the direct and the indirect roles of migrant transfers in the saving behaviors of the Latin … remittances to savings. On average, an increase in inward remittances by 1% leads to about 0.10% increase in savings ceteris …
Persistent link: https://www.econbiz.de/10013407069
direct investment (FDI), and foreign aid were found to be important moderators of the remittances-savings linkage. For the …This paper investigates the direct and the indirect roles of migrant transfers in the saving behaviors of the Latin … remittances to savings. On average, an increase in inward remittances by 1% leads to about 0.10% increase in savings ceteris …
Persistent link: https://www.econbiz.de/10014552519
financially turbulent periods in the 2000s in making investment decisions and in meeting demand for liquidity. A rise in … uncertainty regarding the ability to obtain external funds may have induced firms to rely on internal funds to finance investment … activities. Therefore, we shed light on the cash flow sensitivity of investment and cash holdings by estimating firm- level …
Persistent link: https://www.econbiz.de/10009734202