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...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2009
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 09/75 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | 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 the recipient economies |
| Beschreibung: | 1 Online-Ressource (27 p) |
| ISBN: | 1451872224 9781451872224 |
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| spelling | Mongardini, Joannes Verfasser aut Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries Mongardini, Joannes Washington, D.C International Monetary Fund 2009 1 Online-Ressource (27 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 09/75 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 the recipient economies Online-Ausg Rayner, Brett Sonstige oth http://elibrary.imf.org/view/IMF001/10052-9781451872224/10052-9781451872224/10052-9781451872224.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Mongardini, Joannes Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries |
| title | Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries |
| title_auth | Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries |
| title_exact_search | Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries |
| title_exact_search_txtP | Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries |
| title_full | Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries Mongardini, Joannes |
| title_fullStr | Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries Mongardini, Joannes |
| title_full_unstemmed | Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries Mongardini, Joannes |
| title_short | Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries |
| title_sort | grants remittances and the equilibrium real exchange rate in sub saharan african countries |
| url | http://elibrary.imf.org/view/IMF001/10052-9781451872224/10052-9781451872224/10052-9781451872224.xml |
| work_keys_str_mv | AT mongardinijoannes grantsremittancesandtheequilibriumrealexchangerateinsubsaharanafricancountries AT raynerbrett grantsremittancesandtheequilibriumrealexchangerateinsubsaharanafricancountries |