What’s Different about Monetary Policy Transmission in Remittance-Dependent Countries? »
Journal Issue
Volume/Issue: 2016/44
Series: IMF Working Papers
Author(s): Adolfo Barajas , Ralph Chami , Christian Ebeke , and Anne Oeking
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2016
DOI: http://dx.doi.org/10.5089/9781513531236.001
ISBN: 9781513531236
Keywords: Worker’s Remittances, lending channel, banking sector, bank balance sheets, balance sheets, exchange, General, Fiscal and Monetary Policy in Development, All Countries, banking sector.,
Despite welfare and poverty-reducing benefits for recipient households, remittance inflows have been shown to entail macroeconomic challenges; producing Dutch Disease-type effects through their upward (appreciation...