Remittances and Competitiveness: The Case of the Philippines |
| |
| Authors: | Veronica Bayangos Karel Jansen |
| |
| Institution: | Bangko Sentral ng Pilipinas, Philippines;International Institute of Social Studies of the Erasmus University in Rotterdam, The Netherlands |
| |
| Abstract: | The paper looks at the impact of migration and workers’ remittances on the competitiveness of the home economy. It extends existing research that concentrated on the exchange rate effects of remittances, the so-called Dutch disease effect, by adding labor market effects. The results show that the labor market effects of emigration and remittances have a significant impact on competitiveness that goes beyond the traditional exchange rate effect. |
| |
| Keywords: | remittances Dutch disease competitiveness labor market monetary policy Asia Philippines |
| 本文献已被 ScienceDirect 等数据库收录！ |
