Normal view MARC view ISBD view

Do remittances have a flip side? a general equilibrium analysis of remittances, labor supply responses, and policy options for Jamaica

By:

Bussolo, Maurizio

Material type: Text

TextPublication details: Washington, D.C. World Bank 2007 Description: n.pSubject(s):

DDC classification:

ER36

Online resources:

E-book

Summary: Econometric analysis has established a negative relationship between labor supply and remittances in Jamaica. The authors incorporate this ex-post evidence in a general equilibrium model to investigate economywide effects of increased remittance inflows. In this model, remittances reduce labor force participation by increasing the reservation wages of recipients. This exacerbates the real exchange rate appreciation, hurting Jamaica's export base and small manufacturing import-competing sector. Within the narrow margins of maneuver of a highly indebted government, the authors show that a revenue-neutral policy response of a simultaneous reduction in payroll taxes and increase in sales taxes can effectively counteract these potentially negative effects of remittances.

List(s) this item appears in: VR_VSL e-Book collection

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings
Item type	Current library	Collection	Shelving location	Call number	Status	Date due	Barcode
eBooks	Vikram Sarabhai Library	Reference	Electronic Resources	ER36 (Browse shelf(Opens below))	Available		ER000036

Browsing Vikram Sarabhai Library shelves, Shelving location: Electronic Resources, Collection: Reference Close shelf browser (Hides shelf browser)

Previous	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	Next
Previous	ER333 Consumption of some important commodities in India 1999-2000 (Report No.461)	ER34 Land of milk and honey with streets paved with gold: do emigrants have over-optimistic expectations about incomes abroad	ER35 Impact of Kazakhstan accession to the World Trade Organization: a quantitative assessment	ER36 Do remittances have a flip side? a general equilibrium analysis of remittances, labor supply responses, and policy options for Jamaica	ER37 Trade and human capital accumulation: evidence from U.S. immigrants	ER38 Migration from Zambia: ensuring temporariness through cooperation	ER39 International financial integration through equity markets: which firms from which countries go global?	Next

Econometric analysis has established a negative relationship between labor supply and remittances in Jamaica. The authors incorporate this ex-post evidence in a general equilibrium model to investigate economywide effects of increased remittance inflows. In this model, remittances reduce labor force participation by increasing the reservation wages of recipients. This exacerbates the real exchange rate appreciation, hurting Jamaica's export base and small manufacturing import-competing sector. Within the narrow margins of maneuver of a highly indebted government, the authors show that a revenue-neutral policy response of a simultaneous reduction in payroll taxes and increase in sales taxes can effectively counteract these potentially negative effects of remittances.

There are no comments on this title.

to post a comment.

Place hold
Print
Add to your cart (remove)
Save record
BIBTEX Dublin Core MARCXML MARC (non-Unicode/MARC-8) MARC (Unicode/UTF-8) MARC (Unicode/UTF-8, Standard) MODS (XML) RIS
More searches

Search for this title in:
Other Libraries (WorldCat) Other Databases (Google Scholar) Online Stores (Bookfinder.com)