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Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries

Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries »

Volume/Issue: 2009/75

Series: IMF Working Papers

Author(s): Joannes Mongardini , and Brett Rayner

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2009

DOI: http://dx.doi.org/10.5089/9781451872224.001

ISBN: 9781451872224

Keywords: Equilibrium Real Exchange Rate, exchange rate, real exchange rate, exchange rates, real exchange rates,

This paper builds on the methodology developed by Chudik and Mongardini (2007) to estimate the relationship between grants and remittances and the equilibrium real exchange rate in Sub-Saharan African (SSA) countri...