Series: IMF Working Papers
Author(s): Luis René Cáceres , and Nolvia Nery Saca
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2006
Keywords: mechanism of transmission, exchange rate, remittance, effects of remittances, real exchange rate, International Factor Movements And International Business,
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 autoreg...