Medical brain drain in Nepal: A policy analysis of a deepening health equity crisis. [PDF]
J Public Health ResGhimire A.
europepmc +1 more source
Tariffs and Foreign Direct Investment in a Dynamic North–South Model
Journal of Money, Credit and Banking, EarlyView.Abstract This paper examines how import tariffs by a developed country (the North) and a developing country (the South) affect innovation and foreign direct investment (FDI) using a quality ladder model. We show that a Northern import tariff raises the relative wage of Northern labor, but impedes innovation and FDI. This may worsen Northern welfare. By
TATSURO IWAISAKO, HITOSHI TANAKA
wiley +1 more source
Shaping Somalia's environmental sustainability: the role of institutional quality, renewable energy, economic growth, and financial globalization on load capacity factor. [PDF]
Sci RepDaror HO, Warsame AA, Ahmed Z.
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Financial Fragility and the Fiscal Multiplier
Journal of Money, Credit and Banking, EarlyView.Abstract We show that undercapitalized banks with large holdings of government bonds subject to sovereign default risk lead to a new crowding‐out channel: deficit‐financed fiscal stimuli lead to higher bond yields, triggering capital losses for the banks. Banks then cut back loans, which reduces fiscal multipliers.
CHRISTIAAN VAN DER KWAAK +1 more
wiley +1 more source
Measuring financial sector efficiency in China: A study based on an enhanced neoclassical production function. [PDF]
PLoS OneZheng C, Shan Y.
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Monetary Policy When Preferences Are Quasi‐Hyperbolic
Journal of Money, Credit and Banking, EarlyView.Abstract We study discretionary monetary policy in an economy where economic agents have quasi‐hyperbolic discounting. We demonstrate that a benevolent central bank is able to keep inflation under control for a wide range of discount factors. If the central bank, however, does not adopt the household's time preferences and tries to discourage early ...
RICHARD DENNIS, OLEG KIRSANOV
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Estimating the health and macroeconomic burdens of tuberculosis in India, 2021-2040: A fully integrated modelling study. [PDF]
PLoS MedKeogh-Brown MR +4 more
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Banks of a Feather: The Informational Advantage of Being Alike
Journal of Money, Credit and Banking, EarlyView.Abstract Banks lend more to banks that are similar to them. Using data from the German credit register and proprietary supervisory data on the quality of banks' loan portfolio, we show that a similar portfolio of the lending and borrowing bank helps to overcome information asymmetries in interbank markets.
PETER BEDNAREK +3 more
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How labor market institutions influence the relationship between exchange rate regimes and economic growth. [PDF]
PLoS OneKuokštis V, Asali M, Spurga SA.
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