[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/bla/ecnote/v48y2019i3ne12149.html
   My bibliography  Save this article

The effect of remittances on the current account in developing and emerging economies

Author

Listed:
  • Emmanuel K. K. Lartey
Abstract
This paper presents an analysis of the effect of remittances on the current account in developing and emerging economies, incorporating an assessment of the extent to which exchange rate regimes impact the relationship. The main findings suggest that there is a positive effect of remittances on the current account contemporaneously, but that the lagged effect is negative, which could be indicative of the existence of some underlying mechanisms characteristic of the Dutch disease phenomenon. In addition, the results show that a more flexible exchange regime dampens the contemporaneous positive effect that remittances have on the current account. The paper, therefore, asserts that policymakers face trade‐offs pertaining to the use of exchange rate policy in managing the effects of remittances on the current account, which should be given due consideration when such policy choices are made.

Suggested Citation

  • Emmanuel K. K. Lartey, 2019. "The effect of remittances on the current account in developing and emerging economies," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 48(3), November.
    • Handle: RePEc:bla:ecnote:v:48:y:2019:i:3:n:e12149
    DOI: 10.1111/ecno.12149
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/ecno.12149
    Download Restriction: no
    File URL: https://libkey.io/10.1111/ecno.12149?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Coulibaly, Dramane & Gnimassoun, Blaise & Mignon, Valérie, 2020. "The tale of two international phenomena: Migration and global imbalances," Journal of Macroeconomics, Elsevier, vol. 66(C).
    2. Dramane Coulibaly & Blaise Gnimassoun, 2022. "Emigration and Capital Flows: Do Migrants’ Skills Matter?," Working Papers of BETA 2022-31, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ecnote:v:48:y:2019:i:3:n:e12149. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0391-5026 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.