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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Mongardini, Joannes, 1970- (Autor), Rayner, Brett (Autor)
Autor Corporativo: International Monetary Fund. African Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, DC] : International Monetary Fund, 2009.
Colección:IMF working paper ; WP/09/75.
Temas:
Foreign exchange rates > Africa, Sub-Saharan.
Emigrant remittances > Africa, Sub-Saharan.
Grants-in-aid > Africa, Sub-Saharan.
Taux de change > Afrique subsaharienne.
Envois de fonds des émigrants > Afrique subsaharienne.
Subventions de l'État aux collectivités locales > Afrique subsaharienne.
Emigrant remittances
Foreign exchange rates
Grants-in-aid
Sub-Saharan Africa
Acceso en línea:Texto completo
Tabla de Contenidos:
  • I. Introduction; Figures; 1. The Scaling-up of Grants; II. Recent Literature; 2. The Scaling-up of Remittances; III. Data and Empirical Methodology; IV. Estimation Results; Tables; 1. Pooled Mean Group Estimates
  • Grants and Remittances; 2. Contribution of Fundamentals to Changes in ERER, 1980-2006; V. Concluding Remarks; References; Appendix; Appendix Tables; A1. Data Description and Sources; A2. Unit Root Tests; A3. Pooled Mean Group Estimates-Fundamentals; A4. Pooled Mean Group Estimates for Oil Exporters; Appendix Figures
  • A1. Real Effective Exchange Rates and Equilibrium Real Exchange Rates, Non-oil Countries, 1980-2006A2. Real Exchange Rate Disequilibria, Non-oil Countries, 1980-2006 (in percent); A3. Equilibrium Real Exchange Rates and Real Exchanges Rates Oil Countries; A4. Real Exchange Rate Misalignments, Oil Countries (in percent)

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