International Finance Discussion Papers: Emerging Market Business Cycles with Remittance Fluctuations by Serdar Sayan, Ceyhun Bora Durdu

International Finance Discussion Papers: Emerging Market Business Cycles with Remittance Fluctuations

Serdar Sayan, Ceyhun Bora Durdu

34 pages missing pub info (editions)

nonfiction politics
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This paper analyzes the implications of remittance fluctuations for various macroeconomic variables and Sudden Stops. The paper employs a quantitative two-sector model of a small open economy with financial frictions calibrated to Mexican and Turk...

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