To smooth or not to smooth : the impact of grants and remittances on the equilibrium real exchange rate in Jordan / [prepared by] Tahsin Saadi-Sedik and Martin Petri.

This paper estimates the effect of grants and workers' remittances on Jordan's long-term equilibrium real exchange rate. We estimate an equilibrium path for the Jordanian real exchange rate using the Johansen cointegration methodology over the period 1964 to 2005. Controlling for other fun...

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Bibliographic Details
Main Authors: Saadi-Sedik, Tahsin (Author), Petri, Martin (Author)
Corporate Author: International Monetary Fund. Middle East and Central Asia Department
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, Middle East and Central Asia Dept., ©2006.
Series:IMF working paper ; WP/06/257.
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