An important feature of aid to developing countries is that it is given to the government. As a result, aid should be expected to affect fiscal behaviour. Traditional approaches to modelling fiscal effects are beset by theoretical and empirical problems. This paper applies techniques developed...

This paper assesses the current state of evidence on the widely debated issue of the impact of trade policy reform on poverty in developing countries. There is relatively little empirical evidence addressing this question directly, but a lot of related evidence concerning specific aspects. This...

This paper explores the fiscal effects of aid in Ethiopia, using national data from 1960 to 2009, which is a longer series than most studies in this literature. This data includes the measure of aid that is flowing through the budget as measured by the recipient. We use the Cointegrated VAR...