Beware of emigrants bearing gifts : optimal fiscal and monetary policy in the presence of remittances / [prepared by] Ralph Chami, Thomas F. Cosimano, Michael T. Gapen.

This paper uses a stochastic dynamic general equilibrium model to investigate the influence of countercyclical remittances on the conduct of fiscal and monetary policy and trace their effects on real and nominal variables in a business cycle setting. We show that remittances raise disposable income...

Full description

Saved in:
Bibliographic Details
Online Access: Full Text (via ProQuest)
Main Authors: Chami, Ralph (Author), Cosimano, Thomas F. (Author), Gapen, Michael (Author)
Corporate Authors: International Monetary Fund, IMF Institute
Format: eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, IMF Institute, ©2006.
Series:IMF working paper ; WP/06/61.
Subjects:

Internet

Full Text (via ProQuest)

Online

Holdings details from Online
Call Number: JV6118 .C42 2006eb
JV6118 .C42 2006eb Available