Showing 51 - 60 of 120,276
The relationship between foreign aid and the economic growth of developing countries is unquestionably an intricate one …. While a newcomer to the topic might expect to find an obvious effect of aid on growth, the overwhelming majority of the … relationship on growth, while some holds the claim that a positive relationship is attainable, yet only with sound economic …
Persistent link: https://www.econbiz.de/10013233380
Persistent link: https://www.econbiz.de/10011747341
Persistent link: https://www.econbiz.de/10012658963
With the Euro Area context in mind, we show that currency arrangements impact on credit available through default incentives. To this end we build a symmetric two-country model with money and imperfect credit market integration. Differences in credit market integration are captured by variations...
Persistent link: https://www.econbiz.de/10013026451
Should South-Mediterranean economies continue their financial integration in the world economy, considering their current stance and in view of the experiences of developed economies with the global financial crisis? The economies of the North-African rim, that is Morocco, Algeria, Tunisia,...
Persistent link: https://www.econbiz.de/10013108515
Persistent link: https://www.econbiz.de/10014326967
economic growth. Contrary to previous models, however, we show that opening markets is not Pareto-optimal and we identify a …
Persistent link: https://www.econbiz.de/10013066023
The paper presents a human capital driven endogenous growth model which, in general, permits a multiplicity of … equilibrium balanced growth paths. It is shown that allowing for perfect capital mobility across countries increases the range of … parameter restrictions, the steady state growth rate is unambiguously higher for an open economy than a closed economy …
Persistent link: https://www.econbiz.de/10014207756
Recent statistical advances suggest new ways of looking at growth accounting when global value chains (GVCs) are taken … into consideration. The relative contribution of consumption, investment and net exports to economic growth are resized … countries. The demand dynamics is first analysed through a growth-accounting decomposition. The demand for intermediate imported …
Persistent link: https://www.econbiz.de/10012982084
endogenous growth and estimate it with Bayesian methods for the United States and the euro area for the period from 1984:Q1 to …
Persistent link: https://www.econbiz.de/10012499631