Acosta, Pablo; Baerg, Nicole; Mandelman, Federico S. - 2009
FEDERAL RESERVE BANK OF ATLANTA
Economic
Review
Number 1, 2009
Financial Development,
Remittances, and Real …
Financial Development, Remittances,
and Real Exchange Rate Appreciation
Pablo A. Acosta, Nicole Rae Baerg, and Federico S …. Mandelman*
For developing countries, remittances are an important and expanding source of
capital, equivalent to two-thirds of …