How altruism works during a pandemic: Examining the roles of financial support and degrees of individual altruism on international remittance

How altruism works during a pandemic: Examining the roles of financial support and degrees of individual altruism on international remittance
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DOI:
10.1111/twec.13616
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发表时间:
2024-07-18
期刊:
影响因子:
2.5
通讯作者:
Suzuki,Aya
Suzuki,Aya
中科院分区:
经济学4区
文献类型:
--
作者:
Nakamura,Nobuyuki;Suzuki,Aya

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尽管国际汇款的重要性已得到全球认可,但对公共补贴和个人利他主义程度如何影响汇款行为的了解仍然有限。尽管预计国际汇款在 COVID-19 大流行的早期阶段将大幅下降,但汇款数据证明它们最终能够抵御 2020 年预期的负面冲击。潜在的原因包括移民的利他动机和大型经济体的经济刺激计划;然而,缺乏且迫切需要从微观角度进行详细的调查。本研究利用来自日本的外国护理人员的独特数据,探讨了东道国和本国的经济支持以及个人利他主义对国际汇款的影响。我们的面板数据估计表明,来自东道国的紧急现金转移对移民汇款金额产生了积极影响;然而,由于母国政府的补贴,没有观察到挤出效应。异质性分析还显示,高度无私的汇款人更有可能在东道国收到现金转账后将钱汇回家。研究结果支持了国际组织的说法,即疫情期间汇款的弹性得到了利他主义和公共财政支持的支持。
While the importance of international remittances has been recognised globally, understanding how public subsidies and the degree of individual altruism affect remittance behaviour remains limited. Although international remittances were predicted to decline drastically in the early stages of the COVID‐19 pandemic, remittance data proved that they were ultimately resilient to the anticipated negative shock of 2020. Potential reasons include altruistic motivations among migrants and economic stimulus programmes in large economies; however, a detailed investigation from a micro‐perspective is lacking and urgently needed. This study examines the impact of financial support in host and home countries and individual altruism on international remittances using unique data from foreign care workers in Japan. Our panel data estimation shows that emergency cash transfers from the host country positively affected migrant remittance amounts; however, no crowding‐out effects were observed due to subsidies from home governments. The heterogeneous analysis also reveals that highly altruistic remitters were more likely to send money home after receiving cash transfers in the host country. The results support the claims of international organisations that the resilience of remittances was supported by altruism and public financial support during the pandemic.