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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Bibliographische Detailangaben
Hauptverfasser: Nolvia Nery Saca, Luis René Cáceres
Format: Buch
Sprache:eng
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