Remittances and economic policy

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dc.contributor.authorAlonso González, Luis Alberto
dc.contributor.authorSovilla, Bruno
dc.date.accessioned2023-06-20T09:14:40Z
dc.date.available2023-06-20T09:14:40Z
dc.date.issued2012
dc.descriptionJEL classification codes: F24, F41.
dc.description.abstractRemittances can have a contractive net impact on the recipient economy. In this case the effect of the sterilized intervention of the central bank in the foreign exchange market and/or the impact of stimulus policies on the autonomous demand prevent the contraction of GNP and foments the desired composition of the aggregate demand. In order to obtain this, the interrelations between these two instruments must be taken into account.
dc.description.abstractLas remesas pueden tener un impacto neto contractivo sobre la economía receptora. En este caso la intervención esterilizada por parte del banco central en el mercado de divisas y/o las políticas de estimulo de la demanda autónoma previenen la contracción del PIB y determinan la composición deseada de la demanda agregada. Para poderlo lograr, hay que tomar en cuenta la interrelación entre estos dos instrumentos.
dc.description.departmentDecanato
dc.description.facultyFac. de Ciencias Económicas y Empresariales
dc.description.refereedTRUE
dc.description.statusunpub
dc.eprint.idhttps://eprints.ucm.es/id/eprint/16067
dc.identifier.relatedurlhttp://www.ucm.es/centros/webs/fccee/
dc.identifier.urihttps://hdl.handle.net/20.500.14352/49104
dc.issue.number02
dc.language.isoeng
dc.page.total18
dc.publication.placeMadrid
dc.publisherFacultad de Ciencias Económicas y Empresariales. Decanato
dc.relation.ispartofseriesDocumentos de Trabajo de la Facultad de Ciencias Económicas y Empresariales
dc.rightsAtribución-NoComercial 3.0 España
dc.rights.accessRightsopen access
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/es/
dc.subject.jelF24
dc.subject.jelF41
dc.subject.keywordRemittances
dc.subject.keywordDutch disease
dc.subject.keywordSterilized intervention
dc.subject.keywordSupermultiplier
dc.subject.keywordRemesas
dc.subject.keywordEnfermedad holandesa
dc.subject.keywordIntervención esterilizada
dc.subject.keywordSupermultiplicador
dc.subject.ucmFinanzas
dc.subject.ucmPlanificación económica
dc.subject.unesco5307.09 Teoría de la Planificación Económica
dc.titleRemittances and economic policy
dc.typetechnical report
dc.volume.number2012
dcterms.referencesBlanchard, O.; Dell' Ariccia, G. y Mauro P. (2010). “Rethinking Macroeconomic Policy”, IMF Staff Position Note. Bruno, M. y Sachs, J. (1982). “Energy and Resource Allocation: A Dynamic Model of the Dutch Disease”, The Review of Economic Studies, XLIX, pp.845-859. Corden, W.M. (1984). “Booming Sector and Dutch Disease Economics: Survey and Consolidation”, Oxford Economic Papers 36, pp.359-380. Corden, W.M. y Neary P. J. (1982). “Booming Sector and De-industialization in a Small Open Economy”, The Economic Journal 92, pp.825-848. Keynes, J.M. (1929a). ”The German Transfer Problem”, The Economic Journal n.153 Vol. XXXIX, pp.1-7. Keynes, J.M. (1929b). “A Rejoinder”, The Economic Journal, n.153 Vol. XXXIX, pp.179-182. Keynes, J.M. (1929c). “A Reply by Mr. Keynes”, The Economic Journal, n.153 Vol. XXXIX, pp.404-408. Krugman, P. (1987). “The Narrow Moving Band, the Dutch Disease, and the Competitive Consequences of Mrs. Thatcher”, Journal of Development Economics, 27 (1987), pp.41-55. Ohlin, B. (1929a). “The Reparation Problem: a Discussion”, The Economic Journal n.153 Vol. XXXIX (pp.172-178). Ohlin, B.(1929b). “A Rejoinder from Professor Ohlin”, The Economic Journal n.153 Vol. XXXIX (pp.400-404). Van Wijnbergen, S. (1984a). “Inflation, Employment, and the Dutch Disease in Oil Exporting Countries: a Short Run Disequilibrium Analysis”, The Quarterly Journal of Economics, vol.XCIX n.2 pp.233-250. Van Wijnbergen, S. (1984b). “The Dutch Disease: a Disease after All?” The Economic Journal, 94, pp.41-45. Van Wijnbergen, S. y Neary, P. J. (1984). “Can Oil Discovery Lead to a Recession? A comment on Eastwood and Venables”, The Economic Journal, 94, pp.390-395. Xiaolan, F. (2005). “Exports, Technical Progressand Productivity Growth in a Transition Economy: a non Parametric Approach for China”, Applied Economics n.37, pp.725-739.
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relation.isAuthorOfPublication.latestForDiscovery39ff9be1-6917-4a21-a074-56f1fae55a97

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