Could the COVID-19 Crisis Affect Remittances and Labour Supply in ASEAN Economies? Macroeconomic Conjectures Based on the SARS Epidemic

Alberto Posso ()

No DP-2021-06, Working Papers from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: Debates on resilience to economic shocks in the ASEAN region focus on what policymakers can do to mitigate negative impacts associated with financial-economic crises. The COVID-19 pandemic has made it clear that the region is also vulnerable to health-economic crises. This study applies a difference-in-difference strategy to data from the 2003 SARS epidemic to shed light on how a global pandemic can affect labour supply and remittances in ASEAN economies. Findings suggest that even a relatively short-lived epidemic can have long-lasting effects on labour supply.

Keywords: SARS, ASEAN, labour supply; remittances (search for similar items in EconPapers)
JEL-codes: F24 J21 O11 (search for similar items in EconPapers)
Date: 2021-04-28
New Economics Papers: this item is included in nep-hea, nep-lma and nep-sea
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Citations: View citations in EconPapers (1)

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