The Macroeconomic Consequences of Remittances

This study examines the impact of a remittances shock on the main macroeconomic aggregates of a small open economy. It uses a stochastic limited participation model to generate dynamics that are consistent with the empirical literature, like the increase in inflation, consumption, and leisure. Howev...

Full description

Saved in:
Bibliographic details
Volume: 2012
Main Author: Jansen, Dennis W
Vacaflores, Diego E
Naufal, George S
Format: Journal Article
Language: English
Place of publication: International Scholarly Research Network 20.09.2012
published in: ISRN economics Vol. 2012; pp. 1 - 14
Editor: Labeaga, J. M
Tsionas, M
Pascual, U
Data of publication: 20120920
ISSN: 2090-8938
EISSN: 2090-8938
Discipline: Economics
Online Access: Fulltext
Database: Hindawi Publishing Subscription Journals
Hindawi Publishing Complete
Hindawi Publishing Open Access
Database information Databases - DBIS