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Beware of emigrants bearing gifts : optimal fiscal and monetary policy in the presence of remittances /
This paper uses a stochastic dynamic general equilibrium model to investigate the influence of countercyclical remittances on the conduct of fiscal and monetary policy and trace their effects on real and nominal variables in a business cycle setting. We show that remittances raise disposable income...
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , , |
| Autores Corporativos: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund, IMF Institute,
©2006.
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| Colección: | IMF working paper ;
WP/06/61. |
| Temas: | |
| Acceso en línea: | Texto completo |