Remittance Inflows and State-Dependent Monetary Policy Transmission in Developing Countries

Remittance Inflows and State-Dependent Monetary Policy Transmission in Developing Countries

Remittance inflows from overseas workers are an important source of for- eign funding for developing and emerging economies. The literature is in- conclusive about the cyclical nature of remittance inflows. To the extent remittances are procyclical they pose a challenge to monetary policy: a tight...

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Publicado en:MAGKS - Joint Discussion Paper Series in Economics (Band 38-2016)
Autores principales: Machasio, Immaculate, Tillmann, Peter
Formato: Artículo
Lenguaje:inglés
Publicado: Philipps-Universität Marburg 2016
Materias:
Wirtschaft
Remittance in ows
inflation targeting
smooth- transition model
local projections
monetary policy
Economics
Acceso en línea:Texto Completo PDF
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MAGKS - Joint Discussion Paper Series in Economics

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