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...

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Detalhes bibliográficos
Autor principal: Jidoud, Ahmat
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2015.
Colecção:IMF Working Papers; Working Paper ; No. 2015/049
Acesso em linha:Full text available on IMF