Remittances and Financial Inclusion : Evidence from El Salvador

Anzoategui, Diego; Demirgüç-Kunt, Asli; Martínez Pería, María Soledad

dc.creator	Anzoategui, Diego
dc.creator	Demirgüç-Kunt, Asli
dc.creator	Martínez Pería, María Soledad
dc.date	2012-03-19T18:05:22Z
dc.date	2012-03-19T18:05:22Z
dc.date	2011-10-01
dc.date.accessioned	2023-02-17T21:00:12Z
dc.date.available	2023-02-17T21:00:12Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111006135759
dc.identifier	http://hdl.handle.net/10986/3603
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/244567
dc.description	This paper investigates the impact of remittances on financial inclusion. This is an important issue given recent studies showing that financial inclusion can have significant beneficial effects on households. Using household-level survey data for El Salvador, the authors examine the impact of remittances on households' use of savings and credit instruments from formal financial institutions. They find that although remittances have a positive impact on financial inclusion by promoting the use of deposit accounts, they do not have a significant and robust effect on the demand for and use of credit from formal institutions. If anything, by relaxing credit constraints, remittances might reduce the need for external financing from financial institutions, while at the same time increasing the demand for savings instruments.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 5839
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ACCESS TO BANK
dc.subject	ACCESS TO BANK ACCOUNTS
dc.subject	ACCESS TO CREDIT
dc.subject	ACCESS TO FINANCIAL SERVICES
dc.subject	ACCESS TO SAVINGS
dc.subject	AGRICULTURAL ACTIVITIES
dc.subject	AGRICULTURAL ACTIVITY
dc.subject	AGRICULTURE
dc.subject	AMOUNT OF REMITTANCES
dc.subject	BALANCE OF PAYMENT
dc.subject	BALANCE OF PAYMENTS
dc.subject	BANK BRANCHES
dc.subject	BANK CREDIT
dc.subject	BANK DEPOSITS
dc.subject	BANK OFFICE
dc.subject	BANK POLICY
dc.subject	BANKING SECTOR
dc.subject	BANKING SYSTEM
dc.subject	BANKS
dc.subject	BIG CITIES
dc.subject	BUSINESS FORMATION
dc.subject	CAPITA INCOME
dc.subject	CAPITAL FLOWS
dc.subject	CAPITAL MARKET
dc.subject	CENTRAL BANK
dc.subject	CHECKING ACCOUNT
dc.subject	CHILD HEALTH
dc.subject	CIVIL WAR
dc.subject	COLLATERAL
dc.subject	COMMERCIAL BANKS
dc.subject	CONSUMER LOANS
dc.subject	COOPERATIVES
dc.subject	COSTS OF REMITTANCES
dc.subject	CREDIT ACCESS
dc.subject	CREDIT CONSTRAINTS
dc.subject	CREDIT PRODUCTS
dc.subject	CREDIT UNIONS
dc.subject	DATA ON REMITTANCES
dc.subject	DEMAND FOR CREDIT
dc.subject	DEMAND FOR SAVINGS
dc.subject	DEMOGRAPHIC CHARACTERISTICS
dc.subject	DEPOSIT
dc.subject	DEPOSIT ACCOUNT
dc.subject	DEPOSIT ACCOUNTS
dc.subject	DETERMINANTS OF REMITTANCES
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPMENT ASSISTANCE
dc.subject	DEVELOPMENT BANK
dc.subject	DEVELOPMENT CENTER
dc.subject	DEVELOPMENT ECONOMICS
dc.subject	DEVELOPMENT POLICY
dc.subject	DIVIDENDS
dc.subject	DUMMY VARIABLE
dc.subject	DUMMY VARIABLES
dc.subject	DURABLES
dc.subject	ECONOMETRIC MODELS
dc.subject	ECONOMIC ACTIVITIES
dc.subject	ECONOMIC CONDITIONS
dc.subject	ECONOMIC GROWTH
dc.subject	ECONOMIC RESEARCH
dc.subject	ECONOMIC SELF-SUFFICIENCY
dc.subject	EDUCATIONAL ATTAINMENT
dc.subject	EFFECT OF REMITTANCES
dc.subject	EFFECTS OF REMITTANCES
dc.subject	EMIGRATION
dc.subject	EMPLOYERS
dc.subject	EMPLOYMENT STATUS
dc.subject	EMPOWERMENT
dc.subject	EXCHANGE RATE
dc.subject	EXCLUSION
dc.subject	EXPENDITURE
dc.subject	EXPORTS
dc.subject	EXTERNAL FINANCING
dc.subject	FINANCE COMPANY
dc.subject	FINANCIAL ACCESS
dc.subject	FINANCIAL DEVELOPMENT
dc.subject	FINANCIAL INSTITUTION
dc.subject	FINANCIAL INTERMEDIATION
dc.subject	FINANCIAL LITERACY
dc.subject	FINANCIAL MARKETS
dc.subject	FINANCIAL MARKETS DEVELOPMENT
dc.subject	FINANCIAL REFORMS
dc.subject	FINANCIAL SECTOR
dc.subject	FINANCIAL SERVICES
dc.subject	FINANCIAL STUDIES
dc.subject	FINANCIAL SYSTEM
dc.subject	FIXED COSTS
dc.subject	FOREIGN BANK
dc.subject	FOREIGN BANK ENTRY
dc.subject	FORMAL FINANCIAL INSTITUTION
dc.subject	FORMAL FINANCIAL INSTITUTIONS
dc.subject	FUTURE RESEARCH
dc.subject	GDP
dc.subject	GDP PER CAPITA
dc.subject	GENDER
dc.subject	GLOBAL DEVELOPMENT
dc.subject	GLOBALIZATION
dc.subject	HEAD OF HOUSEHOLD
dc.subject	HOLDING
dc.subject	HOST COUNTRY
dc.subject	HOUSEHOLD FIXED EFFECTS
dc.subject	HOUSEHOLD INCOME
dc.subject	HOUSEHOLD LEVEL
dc.subject	HOUSEHOLD SURVEYS
dc.subject	HOUSEHOLDS
dc.subject	HUMAN CAPITAL
dc.subject	IMPACT OF MIGRATION
dc.subject	IMPACT OF REMITTANCES
dc.subject	IMPORTANCE OF REMITTANCES
dc.subject	INCOME INEQUALITY
dc.subject	INEQUALITY
dc.subject	INFANT
dc.subject	INFORMAL CHANNELS
dc.subject	INSTRUMENT
dc.subject	INSURANCE
dc.subject	INTERNATIONAL BANK
dc.subject	INTERNATIONAL MIGRANTS
dc.subject	INTERNATIONAL MIGRATION
dc.subject	INTERNATIONAL REMITTANCES
dc.subject	KINSHIP
dc.subject	LAND OWNERSHIP
dc.subject	LARGE CITIES
dc.subject	LIVING STANDARDS
dc.subject	LOAN
dc.subject	MACROECONOMIC PERFORMANCE
dc.subject	MENTAL HEALTH
dc.subject	MICRO-ENTERPRISES
dc.subject	MICROCREDIT
dc.subject	MICROENTERPRISES
dc.subject	MICROFINANCE
dc.subject	MIGRANT
dc.subject	MIGRANT REMITTANCES
dc.subject	MIGRANTS
dc.subject	MIGRANTS SENDING REMITTANCES
dc.subject	MIGRATION
dc.subject	MIGRATION FLOWS
dc.subject	MIGRATION PATTERNS
dc.subject	MONETARY FUND
dc.subject	MORTALITY
dc.subject	OFFICIAL DEVELOPMENT ASSISTANCE
dc.subject	PENSIONS
dc.subject	PER CAPITA INCOME
dc.subject	POLICY DISCUSSIONS
dc.subject	POLICY RESEARCH
dc.subject	POLICY RESEARCH WORKING PAPER
dc.subject	POLITICAL ECONOMY
dc.subject	POSITIVE COEFFICIENT
dc.subject	POSITIVE EFFECTS
dc.subject	PRIVATE CAPITAL
dc.subject	PRIVATE CREDIT
dc.subject	PRIVATIZATION
dc.subject	PRODUCTIVE INVESTMENT
dc.subject	PROFITABILITY
dc.subject	PROGRESS
dc.subject	REAL GDP
dc.subject	REAL INCOME
dc.subject	RECEIPT
dc.subject	RECIPIENT HOUSEHOLDS
dc.subject	REMITTANCE
dc.subject	REMITTANCE FLOW
dc.subject	REMITTANCE FLOWS
dc.subject	REMITTANCE RECIPIENTS
dc.subject	REMITTANCES
dc.subject	REMITTANCES FLOWS
dc.subject	RESERVE
dc.subject	RESPECT
dc.subject	ROLE OF REMITTANCES
dc.subject	SAVINGS
dc.subject	SAVINGS ACCOUNT
dc.subject	SAVINGS INSTRUMENTS
dc.subject	SAVINGS PRODUCT
dc.subject	SAVINGS PRODUCTS
dc.subject	SEND REMITTANCES
dc.subject	SOCIAL DEVELOPMENT
dc.subject	SOCIAL SCIENCE
dc.subject	SOURCE OF CREDIT
dc.subject	SPOUSE
dc.subject	TEMPORARY MIGRATION
dc.subject	TERM DEPOSITS
dc.subject	TOTAL AMOUNT OF REMITTANCES
dc.subject	VALUE OF REMITTANCES
dc.subject	VOLATILE INCOMES
dc.subject	WEALTH
dc.title	Remittances and Financial Inclusion : Evidence from El Salvador
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	Latin America & Caribbean
dc.coverage	Latin America & Caribbean
dc.coverage	Central America
dc.coverage	America
dc.coverage	El Salvador