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A Model of Endogenous Financial Inclusion: Implications for Inequality and Monetary Policy
(
Wiley
, 2021 , Article)
We propose a monetary model with endogenous credit market participation to study the impact of financial inclusion on inequality and welfare. We find that consumption inequality results from differences in agents' decision ...
Can tourism market diversification mitigate the adverse effects of a blockade on tourism? Evidence from Qatar
(
SAGE
, 2022 , Article)
This study examines the effects of an unfavorable political event or environmental hostility, namely, a blockade affecting international tourist inflows, and how tourism market diversification (TMD) could mitigate the ...
Tourism Competitiveness in Qatar: Tourists’ Perspectives
(
Center for Promoting Ideas
, 2021 , Article)
The aim of this paper is to develop an evidence-based integrated model of destination competitiveness and apply it to the case of Qatar, given that the country has faced a recent blockade and growing competition from ...
Harnessing cross-region disparities to assess the impact of tourism on regional growth in Europe
(
Taylor & Francis
, 2020 , Article)
We use regional data across 27 European countries and look into the effect of tourist arrivals on regional growth during 2000–2017. The research is set in an augmented Solow model estimated via a rich and flexible empirical ...
Regional Growth, Domestic and Foreign Tourism in NUTS Regions: New Insights from the Old Continent
(
SAGE
, 2020 , Article)
Using regional data encompassing 155 Nomenclature of Territorial Units for Statistics (NUTS) regions across the EU-28 member states, we estimate the effect of tourist arrivals (total, domestic, and foreign) on regional ...
The impact of technological change on new trade: Evidence from the container revolution
(
Wiley
, 2021 , Article)
We estimate the impact of the container revolution on new trade in temperature-sensitive products. Our identification strategy is justified by a historical narrative suggesting that the containerization of bilateral trading ...
The external effects of offshoring on job security in SMEs
(
Springer
, 2022 , Article)
We investigate the effects of offshoring on job security using matched employer-employee data from Sweden. Between 1997 and 2011, the share of offshoring firms fell from around 25 to 22% while offshoring per worker within ...
The Islamic Rate of Return Versus the Nominal Rate of Interest: A Macroeconometric Model
(
Springer
, 2020 , Article)
This paper investigates the question of “will the replacement of the nominal interest rate by the expected Islamic real rate of return have positive consequences on the macroeconomic performance?” The study adopts a dynamic ...
Social health insurance in the Philippines: do the poor really benefit?
(
Springer
, 2020 , Article)
Developing countries have spent a tremendous amount of time and money on social health insurance programs to give the low-income population free access to health care services. Standard economic theory predicts that people ...
Impact of U.S. presidential elections on stock markets’ volatility: Does incumbent president's party matter?
(
Elsevier
, 2021 , Article)
The objective of this paper is to examine the impact of U.S. presidential elections on the volatility of stock market returns. We investigate two hypotheses that could explain election impact on stock market volatility, ...