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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Pubblicato in:MAGKS - Joint Discussion Paper Series in Economics (Band 38-2016)
Autori principali: Machasio, Immaculate, Tillmann, Peter
Natura: Articolo
Lingua:inglese
Pubblicazione: Philipps-Universität Marburg 2016
Soggetti:
Wirtschaft
Remittance in ows
inflation targeting
smooth- transition model
local projections
monetary policy
Economics
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MAGKS - Joint Discussion Paper Series in Economics

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