Ajilore, Taiwo; Ikhide, Sylvanus - In: The Review of Finance and Banking 04 (2012) 2, pp. 079-096
The study investigated the short and long run impact of remittances on financial development, using country-level data on five selected sub-Saharan African countries, which are Cape-Verde, Lesotho, Nigeria, Senegal and Togo. The study utilized the Auto-Regressive Distributed Lag (ARDL) bounds...