Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries

Grants, Remittances, and the Equilibrium Real Exchange Rate in Sub-Saharan African Countries
This paper builds on the methodology developed by Chudik and Mongardini (2007) to estimate the relationship between grants and remittances and the equilibrium real exchange rate in Sub-Saharan African (SSA) countries using panel techniques. The results indicate that grants and remittances are not associated, in the long run, with an appreciation... READ MORE...

Publication date: April 2009
ISBN 9781451872224
$18.00

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