Asymmetric real exchange rates and poverty: The role of remittances

Nicholas Apergis () and Arusha Cooray

Emerging Markets Review, 2018, vol. 35, issue C, 111-119

Abstract: This paper explores the asymmetric effect of real exchange rate changes on poverty through the remittance channel for a panel of 99 countries, spanning the period 1980–2015. Considering a threshold partial adjustment modelling approach, the results document that real exchange rate depreciations exert a stronger positive effect on poverty through remittances. The results are expected to be of substantial importance in the case of emerging and developing countries in designing exchange rate and inflation policies that affect the poverty levels of their population through the mechanism of remittances.

Keywords: Real exchange rates; Remittances; Poverty; Asymmetric effects (search for similar items in EconPapers)
JEL-codes: F24 F31 O11 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ememar:v:35:y:2018:i:c:p:111-119

DOI: 10.1016/j.ememar.2018.02.001

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