What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador

What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador
Family remittances are important for El Salvador's economy. This paper analyzes the impact of remittances on El Salvador's economy and the spillover effects on the other Central American countries. A vector autoregression (VAR) model is formulated, consisting of real and monetary variables. The results suggest that in, El Salvador, remittances... READ MORE...

Publication date: November 2006
ISBN 9781451865103
$18.00

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