Workers remittances and the real exchang
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Faini, Riccardo (author)
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Article
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1994
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Springer Nature
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English
β 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