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find strong evidence of fungibility at the aggregate level: almost 70 percent of total aid is fungible in our sample. We … also find that investment aid is more fungible than other categories of aid. In the presence of fungibility, there is no …This paper examines fungibility as a possible explanation for the "missing link" between foreign aid and economic …
Persistent link: https://www.econbiz.de/10003607741
The literature on remittances is large and growing. However, its focus has mainly been on the effects of remittance inflows on the receiving economies. Little has been done on the sending economies. In this paper, we use data from Saudi Arabia, one of the top remitting countries in the world, to...
Persistent link: https://www.econbiz.de/10011881574
additional pandemic fiscal expenditure. …
Persistent link: https://www.econbiz.de/10013273943
We study the fiscal and tax response to intergovernmental grants, exploiting quasi-experimental variation within … losses is more rapid. Yet, the long-run response is symmetric. The tax response is particularly slow, stretching over more …
Persistent link: https://www.econbiz.de/10012518088
-kind transfers generated by public services in health and education. The results show that Grenada has a tax system that is neutral … on the VAT side and progressive on the personal income tax side. Furthermore, direct transfers make a modest contribution …
Persistent link: https://www.econbiz.de/10014486374
Numeracy skills of adults within and across 12 different countries in 2011 are strongly associated with the accumulated public investments in education received by these adults during their schooling. This paper confirms existing evidence that the timing of educational investments is important,...
Persistent link: https://www.econbiz.de/10011613140
In response to the record-breaking COVID19 recession, many governments have adopted unprecedented fiscal stimuli. While countercyclical fiscal policy is effective in fighting conventional recessions, little is known about the effectiveness of fiscal policy in the current environment with...
Persistent link: https://www.econbiz.de/10012705410
public expenditures may intensify in ageing economies. …
Persistent link: https://www.econbiz.de/10011450600
health outcomes, by documenting the links in the chain connecting government health expenditure to health outcomes, and by …
Persistent link: https://www.econbiz.de/10014494616
result in a significant fiscal burden, due to increased expenditures for unemployment benefits and decreased revenues from …
Persistent link: https://www.econbiz.de/10003782599