CDE Working Paper
Author | : Universität Bern. Centre for Development and Environment |
Publisher | : |
Total Pages | : |
Release | : 2014 |
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ISBN | : |
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Author | : Universität Bern. Centre for Development and Environment |
Publisher | : |
Total Pages | : |
Release | : 2014 |
Genre | : |
ISBN | : |
Author | : Universität Bern Interdisziplinäres Zentrum für Nachhaltige Entwicklung und Umwelt |
Publisher | : |
Total Pages | : 0 |
Release | : 2014 |
Genre | : |
ISBN | : |
Author | : Center for Demography and Ecology (Madison, Wis.) |
Publisher | : |
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Author | : Mr.Adolfo Barajas |
Publisher | : International Monetary Fund |
Total Pages | : 44 |
Release | : 2010-12-01 |
Genre | : Business & Economics |
ISBN | : 1455210943 |
This paper investigates the impact of workers’ remittances on equilibrium real exchange rates (ERER) in recipient economies. Using a small open economy model, it shows that standard "Dutch Disease" results of appreciation are substantially weakened or even overturned depending on: degree of openness; factor mobility between domestic sectors; counter cyclicality of remittances; the share of consumption in tradables; and the sensitivity of a country’s risk premium to remittance flows. Panel cointegration techniques on a large set of countries provide support for these analytical results, and show that ERER appreciation in response to sustained remittance flows tends to be quantitatively small.
Author | : Policy Analysis for California Education (Organization) |
Publisher | : |
Total Pages | : 222 |
Release | : 1996 |
Genre | : Child care services |
ISBN | : |