Karpestam, Roy Peter David - In: Journal of Economic Studies 39 (2012) 5, pp. 512-536
Purpose – The purpose of this paper is to simulate the indirect and direct effects of remittances in developing …-run dynamic multiplier effects of hypothetical temporary changes in remittances, as well as simulates the permanent effects of … observed remittances. Findings – The results indicate positive multiplier effects in general, and they also reveal a …