Remittances and Macroeconomic Volatility in African Countries /
This paper investigates the channels through which remittances affect macroeconomic volatility in African countries using a dynamic stochastic general equilibrium (DSGE) model augmented with financial frictions. Empirical results indicate that remittances-as a share of GDP-have a significant smoothi...
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| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Serie: | IMF Working Papers; Working Paper ;
No. 2015/049 |
| Accesso online: | Full text available on IMF |