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The authors study the behavior of the Real Effective Exchange Rate (REER) of the dirham against the European currencies (the EU15), over the period 1960-2000 (annual data). They measure the volatility using standard deviation, and the misalignments as the difference between the actual REER and...
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We use Moroccan data to study the determinants of international migrants' remittances, testing the altruistic and welfare hypotheses. In particular, we analyze and assess what motivates migrants to send remittances back home. Our results lend support to the altruistic hypothesis suggesting that...
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