What's Different about Monetary Policy Transmission in Remittance-Dependent Countries? /

Despite welfare and poverty-reducing benefits for recipient households, remittance inflows have been shown to entail macroeconomic challenges; producing Dutch Disease-type effects through their upward (appreciation) pressure on real exchange rates, reducing the quality of institutions, delaying fisc...

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Bibliographic Details
Main Author: Barajas, Adolfo
Other Authors: Chami, Ralph, Ebeke, Christian, Oeking, Anne
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Working Papers; Working Paper ; No. 2016/044
Online Access:Full text available on IMF