Remittances and Macroeconomic Volatility in African Countries /
This paper investigates the channels through which remittances affect macroeconomic volatility in African countries using a dynamic stochastic general equilibrium (DSGE) model augmented with financial frictions. Empirical results indicate that remittances-as a share of GDP-have a significant smoothi...
| Autor principal: | |
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Colecção: | IMF Working Papers; Working Paper ;
No. 2015/049 |
| Acesso em linha: | Full text available on IMF |