Search Results

SORT BY: PREVIOUS / NEXT
Keywords:migrants 

Discussion Paper
Has the Pandemic Reduced U.S. Remittances Going to Latin America?

Workers' remittances—funds that migrants send to their country of birth—are an important source of income for a number of economies in Latin America, with the bulk of these funds coming from the United States. Have these flows dried up, given the COVID-19 recession and resulting unprecedented job losses? We find that remittances initially faltered but rebounded in the summer months, performing better than during the last U.S. recession despite more severe job losses. Large government income support payments probably explain some of this resilience. Whether remittances continue to hold up ...
Liberty Street Economics , Paper 20201109

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

F00 1 items

FILTER BY Keywords

COVID-19 1 items

Central America 1 items

Latin America 1 items

Mexico 1 items

United States 1 items

migrants 1 items

show more (4)

PREVIOUS / NEXT