Remittances and Financial Inclusion : Evidence from El Salvador

[摘要] This paper investigates the impact of remittances on financial inclusion. Using household-level survey data for El Salvador, we examine whether remittances affect households’ use of savings and credit instruments from formal financial institutions. We 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.

[发布日期] 2013-10-15 [发布机构] Elsevier

[学科分类] 社会科学、人文和艺术（综合）

[关键词] remittances;financial inclusion