Asymmetric real exchange rates and poverty: the role of remittances

Apergis, Nicholas, and Cooray, Arusha (2018) Asymmetric real exchange rates and poverty: the role of remittances. Emerging Markets Review, 35. pp. 111-119.

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Abstract

This paper explores the asymmetric effect of real exchange rate changes on poverty through the remittance channel for a panel of 99 countries, spanning the period 1980–2015. Considering a threshold partial adjustment modelling approach, the results document that real exchange rate depreciations exert a stronger positive effect on poverty through remittances. The results are expected to be of substantial importance in the case of emerging and developing countries in designing exchange rate and inflation policies that affect the poverty levels of their population through the mechanism of remittances.

Item ID: 69182
Item Type: Article (Research - C1)
ISSN: 1873-6173
Keywords: Asymmetric effects, Poverty, Real exchange rates, Remittances
Copyright Information: © 2018 Elsevier B.V. All rights reserved.
Date Deposited: 29 Sep 2021 00:12
FoR Codes: 38 ECONOMICS > 3801 Applied economics > 380110 International economics @ 60%
38 ECONOMICS > 3801 Applied economics > 380112 Macroeconomics (incl. monetary and fiscal theory) @ 40%
SEO Codes: 15 ECONOMIC FRAMEWORK > 1502 Macroeconomics > 150204 Exchange rates @ 50%
15 ECONOMIC FRAMEWORK > 1502 Macroeconomics > 150206 Income distribution @ 50%
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