Cargando…

Remittances : an Automatic Output Stabilizer?.

Annotation

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Hakura, Dalia (Autor), Chami, Ralph (Autor), Montiel, Peter (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, April 2009.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo

MARC

LEADER 00000cam a2200000Mi 4500
001 EBOOKCENTRAL_ocn885498266
003 OCoLC
005 20240329122006.0
006 m o d
007 cr |n|||||||||
008 130723e20090401dcu o 000 0 eng d
040 |a VT2  |b eng  |e pn  |c VT2  |d EBLCP  |d YDXCP  |d OCLCQ  |d ZCU  |d MERUC  |d CEF  |d ICG  |d OCLCF  |d VT2  |d OCLCQ  |d OCLCO  |d WYU  |d OTZ  |d UWO  |d DKC  |d OCLCQ  |d OCLCO  |d OCLCQ  |d OCLCO 
019 |a 870245333  |a 1044322424  |a 1056360898 
020 |a 9781451916737 
020 |a 1451916736  |q (E-Book) 
029 1 |a DEBBG  |b BV044178522 
035 |a (OCoLC)885498266  |z (OCoLC)870245333  |z (OCoLC)1044322424  |z (OCoLC)1056360898 
037 |b 00013468 
050 4 |a HC1055 .H384 2009 
082 0 4 |a 338.9669 
049 |a UAMI 
100 1 |a Hakura, Dalia,  |e author. 
245 1 0 |a Remittances :  |b an Automatic Output Stabilizer?. 
260 |a Washington :  |b International Monetary Fund,  |c April 2009. 
300 |a 1 online resource (94 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a IMF Working Papers 
520 8 |a Annotation  |b Remittance flows appear to be falling worldwide for the first time in decades as a result of the ongoing financial turmoil. It is suspected that the drop in remittance income into developing and emerging markets will have a destabilizing effect on these economies. the paper estimates the impact of remittances on output stability for countries that are dependent on these income flows. Using a sample of 70 countries, including 16 advanced economies and 54 developing countries, we find robust evidence that remittances have a negative effect on output growth volatility of recipient countries. This result supports the notion that remittance flows are a stabilizing influence on output. Thus, the fall in remittances precipitated by the ongoing global financial crisis could potentially increase output variability in recipient countries. This would present a hard challenge for governments in those countries already suffering from the crisis: they must resort to an already stressed and limited set of policy instruments, such as fiscal policy, to counter the resulting adverse economic and social impacts of lower remittances. 
505 0 |a I. Introduction; II. Determinants of Growth Volatility; A. Exogenous Shocks; B. Persistent Country Characteristics; C. The Institutional Environment; D. Remittance Flows; III. Ordinary Least Squares Estimation; IV. Instrumental Variables Estimation; V. Generalized Method of Moments Dynamic Panel Estimation; VI. Testing for Nonlinear Effects; VII. An Application: Remittances and Output Stability in the Middle East and North Africa; VIII. Summary and Conclusions; Tables; 1. Output Volatility and Workers Remittances. 
505 8 |a 2. Descriptive Statistics of Dependent and Explanatory Variables 1970 -- 20043. Ordinary Least Squares and Instrumental Variables Regression Results; 4. Panel Data Description, 1980 -- 2004; 5. Panel Regression Results; 6. Nonlinear Ordinary Least Squares and Instrumental Variables Regression Results; 7. Nonlinear GMM System Estimation; 8. Estimated Impact of Remittances on Volatility; A. Data Definitions and Sources; Appendixes; Data Appendix; B. Country Coverage; Country Coverage; References. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Economic assistance. 
650 0 |a Economic development. 
650 6 |a Aide économique. 
650 6 |a Développement économique. 
650 7 |a assistance.  |2 aat 
650 7 |a economic development.  |2 aat 
650 7 |a Economic assistance  |2 fast 
650 7 |a Economic development  |2 fast 
700 1 |a Chami, Ralph,  |e author. 
700 1 |a Montiel, Peter,  |e author. 
776 0 8 |i Print version:  |a Hakura, Dalia.  |t Remittances: An Automatic Output Stabilizer?  |d Washington : International Monetary Fund, ©2009  |z 9781451872385 
830 0 |a IMF Working Papers. 
856 4 0 |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1608275  |z Texto completo 
938 |a EBL - Ebook Library  |b EBLB  |n EBL1608275 
938 |a YBP Library Services  |b YANK  |n 11617890 
994 |a 92  |b IZTAP