Description
This paper uses a nationally-representative household survey from El Salvador (1997 EHPM) to analyze the impact of international remittances on school retention rates in El Salvador. The authors use a Cox proportional hazard model to compare how two types of income, income from remittances and income from other sources, affect school attendance. Results suggest that income from remittances has a much larger impact on school retention rates than income from other sources. In urban areas, the average level of remittances lowers the hazard that a child will drop out of elementary school by 54 percent.
©2003 Elsevier