Remittances, exchange rate regimes, and the Dutch disease: a panel data analysis

Pablo Acosta, Emmanuel Lartey and Federico Mandelman

No 2008-12, FRB Atlanta Working Paper from Federal Reserve Bank of Atlanta

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.

Keywords: Emigrant remittances; Foreign exchange rates (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-mig
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (38)

Downloads: (external link)
https://www.atlantafed.org/-/media/documents/resea ... s/wp/2008/wp0812.pdf (application/pdf)

Related works:
Journal Article: Remittances, Exchange Rate Regimes and the Dutch Disease: A Panel Data Analysis (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedawp:2008-12

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in FRB Atlanta Working Paper from Federal Reserve Bank of Atlanta Contact information at EDIRC.
Bibliographic data for series maintained by Rob Sarwark ().