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This paper utilizes a very simple model to study the timing and determinants of speculationagainst a fixed exchange rate regime when investors are heterogeneous because of locationaldifferences. Location matters because resident players may incur smaller costs when takinga short-position, are...
Persistent link: https://www.econbiz.de/10011326412
Donor agencies and recipient governments want to assess the effectiveness of aid-supported sector policies … is a serious constraint in the debate on aid effectiveness. We propose a method of statistical impact evaluation in …
Persistent link: https://www.econbiz.de/10011372967
How does global aging affect the convergence in global economic development? Both the developing and developed world will be characterized for the coming decades by aging populations. Changes in the age distribution of a population are an important determinant of economic performance as they...
Persistent link: https://www.econbiz.de/10011372996
The 1994 International Conference of Population and Development (ICPD) established goals for the expansion of population assistance. This global effort has so far not sufficiently been supported by donor funds. Dynamic panel estimation methods are used to see what lies behind the sharing of...
Persistent link: https://www.econbiz.de/10011343951
the cases of bilateral aid and NGOs. The exploitation model gives however a partial view of what determines the sharing of … country, the pro-foreign aid stance of a government and the government size. Donor countries are not much affected in their …
Persistent link: https://www.econbiz.de/10011348349
This model of policy evaluation has been developed to identify factors that cause policy outcomes to diverge from the intended results. In this model the explanatory factors may be inherent to the conceptual and institutional framework to which policy makers adhere, or they may be ‘real...
Persistent link: https://www.econbiz.de/10011349191
Structural funds are the most intensively used policy instrument by the EuropeanUnion to promote economic growth in its member states and to speed up the process ofconvergence. This paper empirically explores the effectiveness of European Structural Fundsby means of a panel data analysis for 13...
Persistent link: https://www.econbiz.de/10011327526
Persistent link: https://www.econbiz.de/10009722986
Persistent link: https://www.econbiz.de/10009723004
The most recent literature on aid effectiveness finds a positive effect of aid on growth. To the extent that aid goes … through the budget, this either reflects an aid-financed increase in government expenditures (quantity effect) or an … investigates the causal link between on-budget aid and government expenditures using a large cross-country panel data set for 53 …
Persistent link: https://www.econbiz.de/10010231655