Beware of Emigrants Bearing Gifts : Optimal Fiscal and Monetary Policy in the Presence of Remittances /

This paper uses a stochastic dynamic general equilibrium model to investigate the influence of countercyclical remittances on the conduct of fiscal and monetary policy and trace their effects on real and nominal variables in a business cycle setting. We show that remittances raise disposable income...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Gapen, Michael
مؤلفون آخرون: Chami, Ralph, Cosimano, Thomas
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2006.
سلاسل:IMF Working Papers; Working Paper ; No. 2006/061
الوصول للمادة أونلاين:Full text available on IMF