Gonzalez, Luis Alberto Alonso; Sovilla, Bruno - In: International Review of Applied Economics 28 (2014) 6, pp. 832-848
In this work we construct a Kaleckian model for analyzing the impacts of remittances upon economies of receiving countries. The arrival of remittances has two harmful effects: contraction of income, and the so-called Dutch Disease (DD). We use our model to formulate an economic policy with two...
