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sending money to his family, also invests in his home country. The investment is looked after by a family member in return for … investment outcomes) and fixed transfers (transfers are mainly of altruistic motive). As the migrant derives utilities from … consumption, his consumption-investment decision is driven by preferences and future investment prospects. The transfers are to …
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this reform strategy to determine whether investment sensitivity to cash flow has actually been reduced. We find that … generated funds for investment. However, the reduction of investment sensitivity to cash flow is due to indirect financial …
Persistent link: https://www.econbiz.de/10010612818
This paper studies the impact of remittances on investment. Workers’ remittances to developing countries have grown to … investment in the home countries of the migrants. The importance of financial and institutional framework in the receiving … institutional framework and well developed credit market increase investment. However, it is also found that the marginal importance …
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The current study aims to explore the role of various macroeconomic factors in determining corporate investment. Using … reveal the negative impact of foreign direct investment whilst the positive impact of economic growth, financial development …, and inflation rate on corporate investment decisions. Due to high market competition, foreign direct investment can hamper …
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This study analyzes the interactive effects of migrant remittances and financial development on savings-investment gap … remittances reduce savings-investment gap in the long run. The gap is further reduced when the individual effect of financial … higher private sector credit widened the savings-investment gap only in the short-run. The study suggests the need for a …
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