Series: IMF Working Papers
Author(s): Mehdi Raissi , and Kamiar Mohaddes
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2011
Keywords: Growth models, long-run relations, Jordanian economy, remittances, oil price shocks, foreign output and inflation shocks and error correcting relations, equation, statistics, statistic, equations
This paper extends the long-run growth model of Esfahani et al. (2009) to a labor exporting country that receives large inflows of external income?the sum of remittances, FDI and general government transfers?from m...