Showing 1 - 7 of 7
innovation is small (i.e., there may be R&D over-investment when the business-stealing effect dominates), the optimal nominal … interest rate would be negative. When the step-size of innovation is large, the optimal nominal interest rate would be positive. …
Persistent link: https://www.econbiz.de/10011200002
In recent years, there has been a marked increase in the number of studies that examine the economics of child labor and more particularly the determinants of children's labor supply in developing countries. This paper provides a new angle on the causes of child labor force participation by...
Persistent link: https://www.econbiz.de/10008673530
This paper develops an endogenous growth model with public capital and imperfect competition. In the model, we take into account monopolistic competition of intermidiate sector and endogenous determination of the number of firms in the sector by considering the fixed cost to keep production...
Persistent link: https://www.econbiz.de/10010630381
This paper examines the relationship between migrants remittances and the prevalence of child labor by using a large sample of developing countries. In particular, we investigate whether the inflow of remittances helps to offset the effects of financial constraints and income shocks on the...
Persistent link: https://www.econbiz.de/10008562973
This paper develops an endogenous growth model with public capital and imperfect competition. In the model, we take into account monopolistic competition of intermidiate sector and endogenous determination of the number of firms in the sector by considering the fixed cost to keep production...
Persistent link: https://www.econbiz.de/10005094688
This paper examines the relationship between migrants remittances and the prevalence of child labor by using a large sample of developing countries. In particular, we investigate whether the inflow of remittances helps to offset the effects of financial constraints and income shocks on the...
Persistent link: https://www.econbiz.de/10010835779
In this paper, we perform GMM dynamic panel data estimations to test the relationship between financial development and growth. Our dataset is composed of 112 emerging and developing countries over the period 1975-2007. More specifically, we test the presence of financial development threshold...
Persistent link: https://www.econbiz.de/10010835862