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...
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Full Text (via ProQuest) |
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| Main Authors: | , , |
| Corporate Authors: | , |
| Format: | eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund, IMF Institute,
©2006.
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| Series: | IMF working paper ;
WP/06/61. |
| Subjects: |
Internet
Full Text (via ProQuest)Online
| Call Number: |
JV6118 .C42 2006eb
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| JV6118 .C42 2006eb | Available |