Grants, remittances, and the equilibrium real exchange rate in Sub-Saharan African countries / prepared by Joannes Mongardini and Brett Rayner.
This paper builds on the methodology developed by Chudik and Mongardini (2007) to estimate the relationship between grants and remittances and the equilibrium real exchange rate in Sub-Saharan African (SSA) countries using panel techniques. The results indicate that grants and remittances are not as...
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