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Republic of Moldova: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper analyzes the macroeconomic impact of workers’ remittances on Moldova. The paper focuses on Moldova’s labor emigration since the late-1990s using survey data designed to shed light on the economic and social consequences of migration. The survey results are broadly consistent both with the findings from balance-of-payments data and with the stylized facts in the labor migration literature. The paper also examines various indicators to assess the appropriateness of the current exchange rate level.

Suggested Citation

  • International Monetary Fund, 2005. "Republic of Moldova: Selected Issues," IMF Staff Country Reports 2005/054, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2005/054
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=18061
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    References listed on IDEAS

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    1. Kenneth Rogoff, 1996. "The Purchasing Power Parity Puzzle," Journal of Economic Literature, American Economic Association, vol. 34(2), pages 647-668, June.
    2. Devarajan, Shantayanan & Lewis, Jeffrey D & Robinson, Sherman, 1993. "External Shocks, Purchasing Power Parity, and the Equilibrium Real Exchange Rate," The World Bank Economic Review, World Bank, vol. 7(1), pages 45-63, January.
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    1. repec:hal:spmain:info:hdl:2441/17g7senmu38qqa09nqh9tk9hbn is not listed on IDEAS
    2. Edwin Le Héron & Nicolas Yol, 2019. "The macroeconomic effects of migrants’ remittances in Moldova: a stock–flow consistent model," Post-Print halshs-01885949, HAL.
    3. International Monetary Fund, 2006. "Determinants of Emigrant Deposits in Cape Verde," IMF Working Papers 2006/132, International Monetary Fund.
    4. Edwin Le Heron & Nicolas Yol, 2019. "The macroeconomic effects of migrants' remittances in Moldova: a stock–flow consistent model," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 16(1), pages 31-54, April.
    5. Hagen-Zanker, Jessica, 2010. "Modest expectations: Causes and effects of migration on migrant households in source countries," MPRA Paper 29507, University Library of Munich, Germany.

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