Workers' Remittances and the Equilibrium Real Exchange Rate : Theory and Evidence /

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: deg...

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Bibliographic Details
Main Author: Chami, Ralph
Other Authors: Barajas, Adolfo, Hakura, Dalia, Montiel, Peter
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/287
Online Access:Full text available on IMF