Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/264515 
Year of Publication: 
2021
Citation: 
[Journal:] Journal of International Development [ISSN:] 1099-1328 [Volume:] 34 [Issue:] 4 [Publisher:] Wiley Periodicals, Inc. [Place:] Hoboken, USA [Year:] 2021 [Pages:] 803-822
Publisher: 
Wiley Periodicals, Inc., Hoboken, USA
Abstract: 
Workers' remittances declined sharply as the COVID‐19 pandemic spread in the first half of 2020, rebounding in the second half. This paper analyses the impact of containment and economic support measures on remittances sent to Latin America during 2019–2020 using a gravity model estimated with the Poisson pseudo‐maximum likelihood estimator (PPML). Results show that containment measures in receiving countries mainly explain the fall in remittance flows, whereas the effect of economic support measures is not robust. Among the traditional explanatory factors, the business cycle and the real exchange rate in receiving countries explain the subsequent recovery of remittances.
Subjects: 
COVID‐19
Latin America
lockdown
PPML
remittances
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article
Document Version: 
Published Version

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.