A Kaleckian model for understanding and responding to the economic policy challenges of remittances
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 objective variables and two instrumental variables, to solve or attenuate these problems.
Year of publication: |
2014
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Authors: | Gonzalez, Luis Alberto Alonso ; Sovilla, Bruno |
Published in: |
International Review of Applied Economics. - Taylor & Francis Journals, ISSN 0269-2171. - Vol. 28.2014, 6, p. 832-848
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Publisher: |
Taylor & Francis Journals |
Saved in:
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