Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/70751
Authors: 
Lartey, Emmanuel K. K.
Mandelman, Federico S.
Acosta, Pablo A.
Year of Publication: 
2008
Series/Report no.: 
Working Paper, Federal Reserve Bank of Atlanta 2008-12
Abstract: 
Using disaggregated sectorial data, this study shows that rising levels of remittances have spending effects that lead to real exchange rate appreciation and resource movement effects that favor the nontradable sector at the expense of tradable goods production. These characteristics are two aspects of the phenomenon known as Dutch disease. The results further indicate that these effects operate more strongly under fixed nominal exchange rate regimes.
Subjects: 
Dutch disease
real exchange rate
exchange rate regimes
remittances
panel data
system generalized method of moments
JEL: 
F24
F31
O10
Document Type: 
Working Paper

Files in This Item:
File
Size
294.62 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.