Barajas, Adolfo; Chami, Ralph; Hakura, Dalia; Montiel, Peter - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2011)
"This paper investigates the impact of workers´ remittances on equilibrium real exchange rates (ERER) in recipient economies. Using a small open economy model, it shows that standard "Dutch Disease" results of appreciation are substantially weakened or even overturned depending on: degree of...