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Grants, remittances, and the equilibrium real exchange rate in Sub-Saharan African countries /
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) countries using panel techniques. The results indicate that grants and remittances are not as...
| Clasificación: | Libro Electrónico |
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| Autores principales: | , |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, DC] :
International Monetary Fund,
2009.
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| Colección: | IMF working paper ;
WP/09/75. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | 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) countries using panel techniques. The results indicate that grants and remittances are not associated, in the long run, with an appreciation of the real effective exchange in SSA and are therefore not likely to give rise to Dutch disease effects. These findings suggest that grants and remittances may be serving to ease supply constraints or boost productivity in the non-tradable sector in t. |
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| Descripción Física: | 1 online resource (27 pages) : illustrations. |
| Bibliografía: | Includes bibliographical references (pages 17-19). |
| ISBN: | 1451916574 9781451916577 1462304311 9781462304318 1452710724 9781452710723 9786612842962 6612842962 128284296X 9781282842960 |
| ISSN: | 2227-8885 2227-8885 ; |