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Does return migration affect entrepreneurship? This question has important implications for the debate on the economic development effects of migration for origin countries. The existing literature has, however, not addressed how the estimation of the impact of return migration on...
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This paper discusses the slow and hesitant integration of two post-colonial economies into the global economy. One is Ireland, whose independence began in 1921, but which only found its place securely at the productive frontier by the 1990s, with many setbacks on the way. The other is Zimbabwe,...
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Zimbabwe has recently experienced record hyperinflation of 80 billion percent a month. This paper uses new data from Zimbabwe to investigate money demand under hyperinflation using an ARDL estimation for the period 1980-2008. The results produce plausible convergence rates and long- run...
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