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Policy Hub: Macroblog

Policy Hub: Macroblog provides concise commentary and analysis on economic topics by staff economists and analysts for a broad audience.

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Policy Hub Papers feature more detailed analyses of economic topics by staff economists and researchers for both academic and nonacademic audiences.

Oct 21, 2020

Remittances and COVID-19: A Tale of Two Countries

When the pandemic struck the United States, flows of remittances sent to Mexico and El Salvador went in sharply different directions: flows to Mexico rose, and flows to El Salvador dropped. This Policy Hub article looks at reasons behind the divergent remittance levels, including the role possibly played by the uncertain immigration status of migrants in the U.S. labor force.