Workers' Remittances and the Real Exchange Rate: A Paradox of Gifts

By Catalina Amuedo‐Dorantes, Susan Pozo. 2004

616 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/9d946ae7c4d2c9bf1fc698fd4a093cbc4a1c66a9

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Citations in the corpus

The Macroeconomic Consequences of Remittances (2012, background): “Remittances affect labor market decisions, school retention levels, export sector competitiveness, and create moral hazard problems (Funkhouser (1992), Glytsos (2002), Edwards and Ureta (2003), Amuedo-Dorantes and Pozo (2004) and Chami et. al. (2005)). The increasing volume of monetary remittances h”
Remittances, investment and growth in sub-Saharan Africa (2013, background): “Another way in which remittances could adversely impact long-run growth is through the Dutch disease effect (Amuedo-Dorantes and Pozo 2004; Lartey et al. 2008).”
The Impact of Remittances on Poverty and Human Capital: Evidence from Latin American Household Surveys (2007, background): “See for example the works of Yang (2006) for the impact of remittances on intertemporal consumption smoothing, Ruiz Arranz and Giuliano (2005) on growth; Amuedo-Dorantes and Pozo (2004) on risk management; Cox and Ureta (2003) and Hanson and Woodruff (2003) on education; Rodriguez and Tiognson (2001”
Remittances and the Dutch disease (2009, neutral): “American Economic Review 97(3), 586—606.”
Are Bilateral Remittances Countercyclical? (2011, neutral): “On the other hand, Amuendo-Dorantes and Pozo (2004) find that an increase in workers’ remittances to countries in Latin America and the Caribbean leads to real appreciation of the local currencies, a major symptom of Dutch Disease.”
Effect of Remittances on Poverty and Financial Development in Sub-Saharan Africa (2009, background): “Since the 1980s, remittances to countries in Latin America, the Caribbean, and the East Asia, and Pacific regions have grown more rapidly than the average for developing countries generally.”
Why Don't Remittances Appear to Affect Growth? (2014, positive): “Amuedo-Dorantes and Pozo (2004) find that remittance flows to Latin America increase the real value of the recipient country’s currency, in the same manner as a natural resource boom.”
Remittances and the Real Exchange Rate (2007, positive): “For example, Amuedo-Dorantes and Pozo (2004) rely on cross country econometrics techniques and find that in a sample of 13 Latin American countries a doubling of workers remittances would lead on average to a real exchange rate overvaluation of about 22 percent.”
Evaluating the Economic Impact of International Remittances On Developing Countries Using Household Surveys: A Literature Review (2011, background): “According to Amuedo-Dorantes and Pozo (2004), the willingness of international The Economic Impact of International Remittances 823”
When and Why Worry About Real Exchange Rate Appreciation? The Missing Link Between Dutch Disease and Growth (2013, background): “Amuedo-Dorantes and Pozo (2004) assess the impact of workers’ remittances on the real exchange rate using a panel of 13 Latin American and Caribbean countries.”
Impact of remittances on household income, asset and human capital: evidence from Sri Lanka (2012, background): “At the macro level, remittance income may impact real exchange rate in a way that may be detrimental to the health of the recipient economy (Amuedo-Dorantes and Pozo, 2004).”
Remittances, financial development and economic growth in Africa (2012, background): “…foreign exchange flows, the resultant appreciation of the exchange rate may erode the competitiveness for countries depended on the tradable sector (Amuedo-Dorantes & Pozo, 2004; Chami, Fullenkamp, & Jahjah, 2003) From the foregoing, it is obvious that there is a dearth of literature on African…”