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, UNSPECIFIED


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. © 20
Keywords : Real exchange rates, Remittances, Poverty, Asymmetric effects, UNSPECIFIED
Journal or Publication Title: Emerging Markets Review
Volume: 35
Item Type: Article
Subjects: Manajemen
Depositing User: Endhar Priyo Utomo
Date Deposited: 30 Dec 2019 07:52
Last Modified: 30 Dec 2019 07:52

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