Determinantes macroeconómicos de las remesas en los países del DR-CAFTA

Macroeconomic determinants of remittances in the countries of DR- CAFTA

Elibeth López Parra and Alexis Cruz-Rodriguez

MPRA Paper from University Library of Munich, Germany

Abstract: The aim of this article is to examine the macroeconomic determinants of remittance flows to the countries of Central America and the Dominican Republic. Using panel data, the results indicate that migrants send remittances to this region mostly for reasons of altruism, being of main impact the variables of the host country. Also, it concludes that remittances are determined by variables that directly affect the income of migrants.

Keywords: Remittances; migration; macroeconomic variables. (search for similar items in EconPapers)
JEL-codes: F22 F24 J61 (search for similar items in EconPapers)
Date: 2016-01-15
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:68886

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