Showing 1 - 10 of 3,001
We explore the ability of core inflation to predict headline CPI annual inflation for a sample of 8 developing economies in Latin America during the period January 1995-May 2017. Our in-sample and out-of-sample results are roughly consistent in providing evidence of predictability in the great...
Persistent link: https://www.econbiz.de/10015256986
This paper argues that Argentina's low and volatile growth since the post-World War II period is due to a distributive conflict that has hindered sustained growth. The economy has followed an interrupted growth trajectory, caused by imbalances in the current account of the balance of payments...
Persistent link: https://www.econbiz.de/10015214717
industrial compositions in cities of Brazil induced by substantial trade liberalization in this country during the 1990s. A … countries such as Brazil, with already non-uniform distribution of economic development ... …
Persistent link: https://www.econbiz.de/10015223705
income from 2012-2018 for both Brazil and the United States including 3,095 US counties, and 5,570 municipios. I leverage the … in income when controlling for population effects. I find positive effects of GDP on light in both USA and Brazil, though … light is less responsive to changes in GDP in Brazil than in the USA. Consistent with the literature, I discover …
Persistent link: https://www.econbiz.de/10015263457
Under some conditions, it is possible that foreign debt can cause fixed investment in a country to decline. Under those circumstances, economic growth will turn negative. This theoretical possibility is known as the debt overhang hypothesis. This study investigates the debt overhang hypothesis...
Persistent link: https://www.econbiz.de/10015264496
In the current context of complexity, multiple conflicts and inter-dependency, the main problem facing decision takers and, in particular, policy makers, is related to the formulation of multiple public policies that ought to be fulfilled at the same time while moving towards a more sustainable...
Persistent link: https://www.econbiz.de/10015269752
A historical overview of structural change is presented to motivate the calculation of sectoral factor productivities for Guyana and Suriname using a structural VAR and a novel resource-dominant identification strategy. The paper finds that the extractive sector lowers manufacturing output in...
Persistent link: https://www.econbiz.de/10015271220
The study focuses on the analysis of economic growth of the Latin American countries, during the period 1950-2000 The methodology of the paper is based on the use of spatial econometric thechniques applied to a cross section and panel data. The results showed conditional convergence for the...
Persistent link: https://www.econbiz.de/10015242275
This paper sets to analyze the dynamic feedback between Foreign Direct Investment (FDI) and economic growth—larger FDI promotes higher GDP, while higher GDP can be achieved with higher levels of FDI. We use panels and a sample of 19 Latin American countries to estimate a dynamic FDI and a...
Persistent link: https://www.econbiz.de/10015244182
This paper investigates the possible reasons why many microfinance institutions (MFIs) have gradually experienced a decrease in the share of female borrowers in their portfolios over the last few years. We confirm that the share of women may be decreasing due to the growing dependence of the...
Persistent link: https://www.econbiz.de/10015244456