Workers remittances and the real exchang
โ
Faini, Riccardo (author)
๐
Article
๐
1994
๐
Springer Nature
๐
English
โ 729 KB
Workers' remittances represent a sizeable component of international trade flows in goods and services. The paper tries to assess to what extent workers remittances are responsive to key macroeconomic variables. We first develop a simple model of altruistic transfers and show that the real exchange