Cáceres, Luis René; Saca, Nolvia Nery - International Monetary Fund (IMF) - 2006
Family remittances are important for El Salvador's economy. This paper analyzes the impact of remittances on El … formulated, consisting of real and monetary variables. The results suggest that in, El Salvador, remittances lead to decreases in …. This underscores the need for reorienting economic policy in El Salvador to promote the use of remittances in capital …