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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 …
Persistent link: https://www.econbiz.de/10010573346
finance-investment nexus. Using VAR models in the perspectives of VECM and short-run Granger causality, three broad findings … are established: (1) while finance led investment elasticities are positive, investment elasticities of finance are … negative; (2)but for Guinea Bissau, Mozambique and Togo, finance does not seem to engender portfolio investment; (3)contrary to …
Persistent link: https://www.econbiz.de/10011110799
investment, and schooling. Unionization and agricultural share are used as instruments for FD. The empirical results show that FD …
Persistent link: https://www.econbiz.de/10011165573
suggest that in the long and short run, financial development and investment exerted a positive impact on economic growth. The …
Persistent link: https://www.econbiz.de/10011135990
The study investigates the role of financial development in boosting the investment efficiency of firms' investments in … concludes that firms suffering from under- (over-) investment problem due to financing constraints (agency problem), are more … likely to increase (decrease) their investment' in the response of underlying financial development in the economy. This …
Persistent link: https://www.econbiz.de/10012174741
Persistent link: https://www.econbiz.de/10014532024
Persistent link: https://www.econbiz.de/10013445346
"Although a number of African countries have made efforts to implement various financial sector reforms, many countries have not fully implemented the requisite reforms required for sustainable development. Instead, they have focused mainly on bank-based financial reforms, thereby neglecting...
Persistent link: https://www.econbiz.de/10014474205
Persistent link: https://www.econbiz.de/10014423798
Liquidity and solvency are conditional for banks' existence, They are endangered during banking crises. Since the banking crises of the National Banking Era in the USA are no exceptions, the question remains whether the foundation of the Federal Reserve System offered an adequate solution to the...
Persistent link: https://www.econbiz.de/10010300280