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...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Cáceres, Luis René (Author), Nery Saca, Nolvia (Author)
Corporate Author: International Monetary Fund. Statistics Department
Format: Electronic eBook
Language:Inglés
Published: Washington, D.C. : International Monetary Fund, Statistics Dept., ©2006.
Series:IMF working paper ; WP/06/250.
Subjects:
Since 1945
Emigrant remittances > El Salvador > Econometric models.
Monetary policy > El Salvador > Econometric models.
Emigrant remittances > El Salvador.
Envois de fonds des émigrants > Salvador.
Envois de fonds des émigrants > Salvador > Modèles économétriques.
Politique monétaire > Salvador > Modèles économétriques.
Emigrant remittances
Economic history
Economic policy > Econometric models
Emigrant remittances > Econometric models
Monetary policy > Econometric models
El Salvador > Economic conditions > 1945- > Econometric models.
El Salvador > Economic policy > Econometric models.
Salvador > Conditions économiques > 1945- > Modèles économétriques.
El Salvador
Online Access:Texto completo
Table of Contents:
  • ""Contents""; ""I. INTRODUCTION""; ""II. BRIEF REVIEW OF RESEARCH ON EL SALVADORâ€?S RECEIPTS OF REMITTANCES""; ""III. STYLIZED FACTS OF EL SALVADORâ€?S ECONOMY, 1995â€?2004""; ""IV. MODEL SPECIFICATION AND DATA ISSUES""; ""V. EMPIRICAL EVIDENCE: TRANSMISSION MECHANISM""; ""VI. CONCLUSIONS AND ECONOMIC POLICY IMPLICATIONS""; ""APPENDIXES""; ""References""

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