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IMF-新冠肺炎期间的汇款和社会安全网:来自格鲁吉亚和吉尔吉斯斯坦共和国的证据(英)-2023.5

# 新冠肺炎 # 汇款 # 格鲁吉亚 大小:0.70M | 页数:27 | 上架时间:2023-05-18 | 语言:英文

IMF-新冠肺炎期间的汇款和社会安全网:来自格鲁吉亚和吉尔吉斯斯坦共和国的证据(英)-2023.5.pdf

IMF-新冠肺炎期间的汇款和社会安全网:来自格鲁吉亚和吉尔吉斯斯坦共和国的证据(英)-2023.5.pdf

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类型: 专题

上传者: XR0209

撰写机构: IMF

出版日期: 2023-05-17

摘要:

Remittance flows in emerging market and developing economies were surprisingly resilient during the COVID-19 crisis, providing much-needed income support for remittance-receiving households. However, households were impacted differently across income distributions. Using novel high-frequency household panel data for Georgia and the Kyrgyz Republic and a difference-in-differences approach, we find that as household income fell during the pandemic, remittance-receiving households were more affected than non-remittance-receiving households. Importantly, we find that the incomes of poor, remittance-receiving households in the Kyrgyz Republic were more adversely affected than their non-remittance-receiving counterparts. In contrast, in Georgia, affluent remittance-receiving households experienced more significant income declines than poor remittance-receiving households. This heterogeneous impact can largely be explained by variations in the effectiveness of social safety nets in the two countries. Our results have important policy implications. Although remittances remained resilient during the pandemic, they affected households differently. As such, policymakers should prioritize addressing gaps in social safety nets to support the most vulnerable.

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