<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>1665-5346</journal-id>
<journal-title><![CDATA[Revista mexicana de economía y finanzas]]></journal-title>
<abbrev-journal-title><![CDATA[Rev. mex. econ. finanz]]></abbrev-journal-title>
<issn>1665-5346</issn>
<publisher>
<publisher-name><![CDATA[Instituto Mexicano de Ejecutivos de Finanzas A.C.]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1665-53462022000300103</article-id>
<article-id pub-id-type="doi">10.21919/remef.v17i3.653</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Impact of the Covid19 Pandemic on Remittances to Mexico]]></article-title>
<article-title xml:lang="es"><![CDATA[Impacto de la pandemia Covid19 en las remesas a México]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Cuecuecha Mendoza]]></surname>
<given-names><![CDATA[Alfredo]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Cruz Vásquez]]></surname>
<given-names><![CDATA[Miguel]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Popular Autónoma del Estado de Puebla  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>09</month>
<year>2022</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>09</month>
<year>2022</year>
</pub-date>
<volume>17</volume>
<numero>3</numero>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1665-53462022000300103&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1665-53462022000300103&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1665-53462022000300103&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This paper seeks to show the impact of the COVID-19 pandemic on remittances from the United States to Mexico. Using monthly data from January 2014 to May 2021, it shows that there is a structural break in the long and short run equations that explain remittances. Using evidence from orthogonalized impulse response functions, we find that before COVID 19 there was evidence in favor of the altruistic, the risk sharing and the investment motive hypotheses for sending remittances. During the COVID 19 period, there is evidence that remittances became more a necessity reducing space for investment motives and the preferences of the sender households and increasing the role of the risk sharing motive. The main limitation of the study is that we do not show results specific to remittances corridors due to the lack of data. Further research is needed to understand if the COVID 19 has long run impacts over the remittance flow and the usage that receiving households give to the remittances.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Este artículo busca mostrar el impacto de la pandemia COVID-19 sobre las remesas enviadas de Estados Unidos a México. Se utilizan datos mensuales desde enero de 2014 y hasta mayo de 2021, para mostrar que existe un cambio estructural en las ecuaciones de corto y largo plazo que explican las remesas. Utilizando información de funciones de impulso respuesta ortogonalizadas, encontramos que antes del COVID 19 existía evidencia a favor de las hipótesis de enviar remesas por razones altruistas, por motivos de inversión y por motivos de administración del riesgo. Durante el COVID 19, hay evidencia de que el envío de remesas se convirtió en una necesidad, reduciéndose el espacio para el envío de remesas por motivos de inversión o el espacio para las preferencias de los hogares que envían remesas, y aumentando el rol de los motivos de administración del riesgo. Los resultados tienen como principal limitante el no mostrar resultados a nivel de corredor de remesas específico, debido a la falta de datos. Mayores estudios son necesarios para comprender si el COVID 19 tiene impactos de más largo plazo sobre los envíos de remesas y los usos que los hogares receptores hacen de las mismas.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[Covid19]]></kwd>
<kwd lng="en"><![CDATA[Remittances]]></kwd>
<kwd lng="en"><![CDATA[Motivations to remit]]></kwd>
<kwd lng="en"><![CDATA[J610]]></kwd>
<kwd lng="es"><![CDATA[COVID-19]]></kwd>
<kwd lng="es"><![CDATA[Remesas]]></kwd>
<kwd lng="es"><![CDATA[Motivos para remitir]]></kwd>
<kwd lng="es"><![CDATA[J610]]></kwd>
</kwd-group>
</article-meta>
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