Verfügbarkeit: What Do Remittances Do?

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 moneta...

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1. Verfasser:	Cáceres, Luis René (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2006
Schriftenreihe:	IMF Working Papers Working Paper No. 06/250
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers
Zusammenfassung:	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 lead to decreases in economic activity, international reserves, and money supply and increases in the interest rate, imports, and consumer prices. This underscores the need for reorienting economic policy in El Salvador to promote the use of remittances in capital formation activities to maximize the benefit of remittances
Beschreibung:	1 Online-Ressource (30 p)
ISBN:	1451865104 9781451865103

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spelling	Cáceres, Luis René Verfasser aut What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador Cáceres, Luis René Washington, D.C International Monetary Fund 2006 1 Online-Ressource (30 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 06/250 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 lead to decreases in economic activity, international reserves, and money supply and increases in the interest rate, imports, and consumer prices. This underscores the need for reorienting economic policy in El Salvador to promote the use of remittances in capital formation activities to maximize the benefit of remittances Online-Ausg Nery Saca, Nolvia Sonstige oth http://elibrary.imf.org/view/IMF001/07882-9781451865103/07882-9781451865103/07882-9781451865103.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Cáceres, Luis René What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador
title	What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador
title_auth	What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador
title_exact_search	What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador
title_exact_search_txtP	What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador
title_full	What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador Cáceres, Luis René
title_fullStr	What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador Cáceres, Luis René
title_full_unstemmed	What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador Cáceres, Luis René
title_short	What Do Remittances Do?
title_sort	what do remittances do analyzing the private remittance transmission mechanism in el salvador
title_sub	Analyzing the Private Remittance Transmission Mechanism in El Salvador
url	http://elibrary.imf.org/view/IMF001/07882-9781451865103/07882-9781451865103/07882-9781451865103.xml
work_keys_str_mv	AT caceresluisrene whatdoremittancesdoanalyzingtheprivateremittancetransmissionmechanisminelsalvador AT nerysacanolvia whatdoremittancesdoanalyzingtheprivateremittancetransmissionmechanisminelsalvador

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