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220928 ||| eng |
020 |
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|a 9781484360125
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245 |
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|a Guatemala
|b Selected Issues Paper
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2018
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300 |
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|a 88 pages
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651 |
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4 |
|a Guatemala
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653 |
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|a International finance
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653 |
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|a Inflation
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653 |
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|a Income
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653 |
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|a Public finance & taxation
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653 |
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|a Banks and banking
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653 |
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|a Currency; Foreign exchange
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653 |
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|a Personal income
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653 |
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|a Deflation
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653 |
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|a Balance of payments
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653 |
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|a Crime
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653 |
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|a Bureaucracy
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653 |
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|a Exports and Imports
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653 |
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|a Aggregate Factor Income Distribution
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653 |
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|a International economics
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653 |
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|a National accounts
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653 |
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|a Personal Income, Wealth, and Their Distributions
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653 |
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|a Administrative Processes in Public Organizations
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653 |
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|a Foreign Exchange
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653 |
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|a Price Level
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653 |
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|a Corruption
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653 |
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|a Criminology
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653 |
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|a Banks and Banking
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653 |
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|a Prices
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653 |
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|a Macroeconomics
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653 |
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|a Banking
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653 |
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|a Income inequality
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653 |
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|a Corporate crime; white-collar crime
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653 |
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|a Remittances
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653 |
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|a Foreign exchange
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710 |
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|a International Monetary Fund
|b Western Hemisphere Dept
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|a eng
|2 ISO 639-2
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|b IMF
|a International Monetary Fund
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|a IMF Staff Country Reports
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028 |
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|a 10.5089/9781484360125.002
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856 |
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|u https://elibrary.imf.org/view/journals/002/2018/155/002.2018.issue-155-en.xml?cid=45956-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a This Selected Issues paper analyzes remittances and households’ behavior in Guatemala. Remittances are a structural feature of the Guatemala economy. In 2017, remittance flows accounted for over 11 percent of GDP and benefitted over 1.5 million of Guatemalan households. The effects of remittances on the labor supply are estimated. There is no evidence of remittance-induced work disincentives. The results suggest that the labor supply for members of remittance-receiving households is relatively more elastic, most markedly so for the 41-65 age group: a one percent increase in weekly wages leads to a 0.5 percent increase in weekly hours worked for members of remittance-receiving households, versus 0.2 percent increase for non-remittance-receiving households
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