Financial development and dynamic investment behavior: Evidence from panel VAR

https://www.nber.org/system/files/working_papers/w8245/w8245.pdf

Does Financial Liberalization Spur Growth

Enclosed is a copy of the Board of Governors’ Semiannual Agenda of Regulations for the period August 1, 1980 through February 1, 1981. The Semiannual Agenda provides you with information on those regulatory matters that the Board now has under consideration or anticipates considering over the next six months, and is divided into three parts: (1) regulatory matters that the Board had considered during the previous six months on which final action has been taken; (2) regulatory matters that have been proposed for public comment and that require further Board consideration; and (3) regulatory matters that the Board may consider over the next six months.

Federal Reserve Bank of New Yorkの制定せる財務諸表様式について

This paper describes the correlations between inequality and the growth rates in cross-country data. Using non-parametric methods, we show that the growth rate is an inverted U-shaped function of net changes in inequality: Changes in inequality (in any direction) are associated with reduced growth in the next period. The estimated relationship is robust to variations in control variables and estimation methods. This inverted U-curve is consistent with a simple political economy model, although, as we point out, efforts to interpret this model causally run into difficult identification problems. We show that this non-linearity is sufficient to explain why previous estimates of the relationship between the level of inequality and growth are so different from one another.

Inequality and Growth: What Can the Data Say?

This is the second edition of the Migration and Remittances Factbook. This report provides a comprehensive picture of emigration, skilled emigration, immigration, and remittance flows for 210 countries and 15 country groups, drawing on authoritative, publicly available data. The current edition of the factbook updates the information in the popular 2008 edition with additional data for 71 countries collected from various sources, including national censuses, labor force surveys, population registers, and other national sources. In addition, it provides selected socioeconomic characteristics such as population, labor force, age dependency ratio, gross national income (GNI) per capita, and poverty headcount for each country and regional grouping. More frequent and timely monitoring of migration and remittance trends can provide policy makers, researchers, and the development community with the tools to make informed decisions. The factbook makes an important contribution to this effort by providing the latest available data and facts on migration and remittance trends worldwide in a comprehensive and readily accessible format.

Migration and Remittances Factbook 2011

Revised estimates show that remittance flows to developing countries were $251 billion in 2007, up 11 percent from 2006. This Brief discusses the slowdown in remittance flows to Mexico in the first part of 2008. Remittances to countries in Latin America and the Caribbean (El Salvador, Honduras, Guatemala), and Asia (Bangladesh, Pakistan, and the Philippines) continue to grow robustly.

Revisions to remittance trends 2007

Sovereign ratings are a necessary condition for countries to fully access international capital Even if the sovereign government is not issuing bonds, the sovereign rating often acts as a 'ceiling' for the private sector and can influence its international capital market access However, 58 developing countries are still not rated by Standard and Poor's, Moody's, and Fitch, the three international credit rating agencies This premise presents an exercise to predict 'shadow' sovereign ratings to estimate where unrated countries will lie on the credit spectrum if they were rated Contrary to popular perception, unrated countries are not necessarily at the bottom of the rating spectrum

Shadow sovereign ratings

The movement of people across national borders has now become an integral part of global development, alongside international trade and investment flows. There are currently more than 215 million international migrants worldwide, about 3% of the world's population. Unlike common belief, around half of the official international migration from the South is to other developing countries rather than wealthier countries in the North.

Migrant Remittances and Development

115 Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons AttributionNonCommercial 4.0 License (http://www.creativecommons.org/licenses/by-nc/4.0/) which permits non-Commercial use, reproduction and distribution of the work without further permission provided the original work is attributed as specified on the SAGE and Open Access pages (https://us.sagepub.com/en-us/nam/open-access-at-sage). Insolvency and Bankruptcy Reforms: The Way Forward

https://journals.sagepub.com/doi/pdf/10.1177/0256090920953988

Insolvency and Bankruptcy Reforms: The Way Forward:

International migration is intimately intertwined with issues of taxation, inequality and public welfare benefits, both in home and destination countries. In home countries the emigration of workers, especially high-skilled workers, is often perceived to create a fiscal loss due to the cost of educating these workers and foregone tax revenues that may reduce the fiscal resources available for income redistribution. On the other hand, remittances, when well spent, can create multiplier effects and contribute to increasing domestic demand and growth, as well as increasing tax collections. In destination countries, immigration raises other challenges, especially when poor and undocumented workers are perceived as taking more from the government budget in the form of social welfare and health care benefits than what they contribute in the form of tax revenues. This note discusses some of the current issues around migration and taxation including how to compensate home countries for the fiscal losses of high-skilled emigration, how to bring immigrants into the tax system and make them net contributors, whether or not to tax inward, cross-border remittances, and designing appropriate tax incentives to encourage diaspora investment in the home country.

Sanket Mohapatra

Papers

Revisions to remittance trends 2007

Shadow sovereign ratings

Migrant Remittances and Development

Insolvency and Bankruptcy Reforms: The Way Forward:

Migration, Taxation, and Inequality