Remittances and the Dutch Disease

Using data for El Salvador and Bayesian techniques, we develop and estimate a two-sector dynamic stochastic general equilibrium model to analyze the effects of remittances on emerging market economies. We find that, whether altruistically motivated or otherwise, an increase in remittance flows leads...

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Bibliographic Details
Main Authors: Acosta, Pablo A., Lartey, Emmanuel K. K., Mandelman, Federico S.
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4837