The paper looks at the impact of workersÂ’ remittances on the competitiveness of the receiving economy. It extends existing research that concentrated on the exchange rate effects of remittances, the so-called Dutch disease effect, by adding labour market effects. The results show that the labour market effects of emigration and remittances have a significant impact on competitiveness that goes beyond the traditional exchange rate effect.

Additional Metadata
Keywords Dutch disease, Philippines, competitiveness, exchange rate, monetary policy, remittances
Publisher International Institute of Social Studies of Erasmus University (ISS)
Persistent URL hdl.handle.net/1765/18701
Citation
Bayangos, V.B., & Jansen, K.. (2010). Remittances and competitiveness. ISS Working Paper Series / General Series (Vol. 492, pp. 1–24). International Institute of Social Studies of Erasmus University (ISS). Retrieved from http://hdl.handle.net/1765/18701