Labour institutions and vulnerability of developing economies under capital inflows

Capital inflows and investment in developing countries

Resolving the Interest Rate Premium Puzzle: Capital Inflows and Bank Intermediation in Emerging Economies

This paper develops a simple bank-based analytical framework to explain why and how capital inflow surges and lending booms could lead to higher real interest rates in the domestic economy, even after adjusting for country/currency risk premia and exchange rate changes. While this phenomenon of ever-rising capital inflows and sustained possibly, even widening interest rate spreads is an importa...

Capital Market Institutions and Venture Capital: Do They Affect Unemployment and Labour Demand?

This paper analyses the influence of the capital market on the labour market. Especially the impact of start-up financing on the structure of unemployment is of interest. We use a crosscountry panel data analysis to examine how venture capital investment influences disaggregate unemployment. As we expected, venture capital investment has different influences on sectoral-, educationaland occupat...

The effects of debt versus equity inflows on savings and growth in developing economies

Foreign Capital Inflows and Economic Growth of Iran

Nowadays, Foreign Capital Inflows (FCIs) are considered as a catalyst for economic development and an important source of transferring technology and foreign exchange earnings from developed to developing countries. The purpose of this paper is to estimate the impact of FCIs (which include foreign direct investment, personal remittances and official development investment) on economic growth in...