Series: IMF Working Papers
Author(s): Ralph Chami , Adolfo Barajas , Peter Montiel , and Dalia Hakura
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2010
Keywords: Worker&;amp;#x2019;s remittances, equilibrium real exchange rate, low-income countries, exchange rate, remittances, real exchange rate, remittance, workers ? remittances,
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 appre...