학술저널
Migration, Jobs, and Real Exchange Rates in the Philippines
Migration, Jobs, and Real Exchange Rates in the Philippines
- 세종대학교 경제통합연구소
- Journal of Economic Integration
- 제33권 제3호
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2018.09514 - 537 (24 pages)
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This study tests whether exchange rate appreciation due to migration is tempered by the hiring of part-time workers. Quarterly data from 1994 to 2015 for the Philippines are employed. We find that not only increase in remittances, but also increase in migration appreciates real exchange rate. The results also show that underemployment tends to depreciate the exchange rate, which implies that the hiring structure does have a role on the long run real effective exchange rate.
Ⅰ. Introduction
Ⅱ. Literature
Ⅲ. Data and Methodology
Ⅳ. Results
Ⅴ. Conclusion
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