How international capital inflows and domestic financial institutional development affect domestic credit: Evidence from developing countries

Capital inflows and investment in developing countries

Effect of financial development and institutional quality on the environmental degradation in developed and developing countries

Environmental pollutants have become a dreadful problem and burning issues for the present world irrespective of a country who is responsible for it. The objective of the study is to investigate impact of financial development and institutional quality on environmental degradation. The study is based on panel data for developing and developed countries over the time of 1996-2016. For the empiri...

Credit constraints, firm exports and financial development: Evidence from developing countries

This paper examines whether financial development reduces the impact of credit constraints on the exporting decision using firm-level data across 17 developing countries. We approximate credit constraints by a firm’s liquidity ratio. In line with a Melitz-type model with borrowing frictions, the regression analysis confirms that the positive effect of a firm’s liquidity on the exporting probabi...

Domestic Violence in Developing Countries: Theory and Evidence

This paper sets out a simple non-cooperative model of household bargaining that incorporates domestic violence as an instrument for enhancing bargaining power over household resource allocation. We demonstrate that the extent of domestic violence faced by women is not necessarily declining in their outside options, nor necessarily increasing in their spouses’. Using the National Family Health S...

Domestic Saving and International Capital Flows Reconsidered

A long literature since Feldstein and Horioka’s seminal contribution documents the strong correlation of domestic saving and investment rates since the 1960s. According to conventional wisdom, the result provides evidence of international capital market imperfections. The macroeconomic theory of small open economies prescribes a relationship between the composition of aggregate demand and its r...