Showing 1 - 10 of 1,471
undermine the effect of Foreign Direct Investment (FDI), official development assistance (ODA) and migrants' remittances on … economic expansion. Based on neoclassical growth framework, the theoretical model indicates that FDI, ODA, and remittances …
Persistent link: https://www.econbiz.de/10012605579
grants and remittances and the equilibrium real exchange rate in Sub-Saharan African (SSA) countries using panel techniques …. The results indicate that grants and remittances are not associated, in the long run, with an appreciation of the real … and remittances may be serving to ease supply constraints or boost productivity in the non-tradable sector in the …
Persistent link: https://www.econbiz.de/10014403076
Persistent link: https://www.econbiz.de/10009422795
have increased rapidly and are beginning to dwarf aid flows. This paper investigates how remittances affect aid flows, and … how this relationship varies depending on the channel of transmission from remittances to aid. Buoyant remittances could … remittances may dampen donors'' incentive to scale up aid. Concurrently, remittances could be positively associated with aid if …
Persistent link: https://www.econbiz.de/10014397868
This paper employs a meta-regression analysis of 473 estimates from 15 studies to take stock of the empirical literature on Chinese aid effectiveness. After accommodating publication selection bias, we find that, on average, Beijing's foreign assistance has had a positive impact on economic and...
Persistent link: https://www.econbiz.de/10013170075
Based on the observed behavior of monetary aggregates and exchange rates, we classify inflation-stabilization episodes into two categories: de facto exchange rate-based stabilizations (ERBS) and non-ERBS. Unlike the standard de jure ERBS studied in the literature, de facto ERBS encompass cases...
Persistent link: https://www.econbiz.de/10014400167
This paper investigates inflation dynamics in Sudan using three different approaches: the single equation model, the structural vector-auto regression model and a vector error correction model. This is the first study in a low-income and a post-conflict country that uses these three separate...
Persistent link: https://www.econbiz.de/10014401745
This paper examines the relative importance of monetary growth and exchange rate depreciation as causes of inflation in a sample of 10 Sub-Saharan African countries. Causality tests and impulse response functions derived from vector autoregression (VAR) analysis suggest that both monetary...
Persistent link: https://www.econbiz.de/10014396232
Persistent link: https://www.econbiz.de/10010479409
Using a dynamic stochastic general equilibrium model, we study the channels through which natural disaster shocks affect macroeconomic outcomes and welfare in disaster-prone countries. We solve the model using Taylor projection, a solution method that is shown to deal effectively with...
Persistent link: https://www.econbiz.de/10012112128