peers when allocating aid. This herding behavior is, however, hardly affected by the degree of public refinancing. -- NGO … aid ; aid allocation ; public refinancing …Using a new dataset for 41 German non-governmental organizations (NGOs), we analyze the allocation of NGO aid across …

fewer studies have been devoted to another problem of capital flows: herding behaviour. Building upon a methodology applied … to financial markets, where herding is a common feature, this article attempts to measure herding behaviour in the … allocation of foreign aid, proposing different indexes that try to capture the specific features of aid allocation. Of course …

for empirical analyses comparing the allocation behavior of new versus old donors. We employ Probit and Tobit models and … interest. -- aid allocation ; new donors ; donor motives ; Probit ; Tobit …