The effect of skilled emigration on real exchange rates through the wage channel
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DOI: 10.1016/j.jimonfin.2018.09.007
Abstract: Building on an analytical model, we provide cross-country empirical evidence that net skilled emigration appreciates bilateral real exchange rates through the wage channel in source countries. Chains of causality in the presence of the Law… read more here.
Keywords: effect; real exchange; skilled emigration; exchange rates ... See more keywords