TY  - JOUR
U1  - Wissenschaftlicher Artikel
A1  - Cardozo Silva, Adriana R.
A1  - Diaz Pavez, Luis R.
A1  - Martínez‐Zarzoso, Inmaculada
A1  - Nowak‐Lehmann, Felicitas
T1  - The impact of COVID‐19 government responses on remittances in Latin American countries
JF  - Journal of International Development
N2  - 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.
KW  - COVID-19
KW  - Latin America
KW  - lockdown
KW  - PPML
KW  - remittances
KW  - COVID-19
KW  - Lateinamerika
KW  - Ausgangssperre
KW  - Pseudo-Maximum-Likelihood-Schätzung
KW  - Rücküberweisung <Internationaler Zahlungsverkehr>
KW  - Pandemie
Y1  - 2021
UN  - https://nbn-resolving.org/urn:nbn:de:bsz:960-opus4-35715
SN  - 0954-1748
SS  - 0954-1748
U6  - https://doi.org/10.25968/opus-3571
DO  - https://doi.org/10.25968/opus-3571
VL  - 34
IS  - 4
SP  - 803
EP  - 822
S1  - 20
PB  - Wiley
ER  -