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Foreign aid and real exchange rate adjustments in a financially constrained dependent economy
Cerra, Valerie; Tekin, Serpil; Turnovsky, Stephen J. - 2008
Persistent link: https://www.econbiz.de/10003803534
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Foreign transfers and real exchange rate adjustments in a financially constrained dependent economy
Cerra, Valerie; Tekin, Serpil; Turnovsky, Stephen J. - In: Open economies review 20 (2009) 2, pp. 147-181
Persistent link: https://www.econbiz.de/10003835208
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Foreign Aid and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy
Turnovsky, Stephen J. - 2008
A dynamic dependent-economy model is developed to investigate the role of the real exchange rate in determining the effects of foreign aid. If capital is perfectly mobile between sectors, untied aid has no longrun impact on the real exchange rate. A decline in the traded sector occurs because...
Persistent link: https://www.econbiz.de/10014401383
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Foreign Transfers and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy
Cerra, Valerie; Tekin, Serpil; Turnovsky, Stephen - In: Open Economies Review 20 (2009) 2, pp. 147-181
Persistent link: https://www.econbiz.de/10005547025
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Foreign Aid and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy
Turnovsky, Stephen J.; Tekin, Serpil; Cerra, Valerie - International Monetary Fund (IMF) - 2008
A dynamic dependent-economy model is developed to investigate the role of the real exchange rate in determining the effects of foreign aid. If capital is perfectly mobile between sectors, untied aid has no longrun impact on the real exchange rate. A decline in the traded sector occurs because...
Persistent link: https://www.econbiz.de/10005825842
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Foreign Aid and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy
Tekin, Serpil - 2008
A dynamic dependent-economy model is developed to investigate the role of the real exchange rate in determining the effects of foreign aid. If capital is perfectly mobile between sectors, untied aid has no longrun impact on the real exchange rate. A decline in the traded sector occurs because...
Persistent link: https://www.econbiz.de/10012770374
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Foreign Aid and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy
Turnovsky, Stephen J. - 2008
A dynamic dependent-economy model is developed to investigate the role of the real exchange rate in determining the effects of foreign aid. If capital is perfectly mobile between sectors, untied aid has no longrun impact on the real exchange rate. A decline in the traded sector occurs because...
Persistent link: https://www.econbiz.de/10012677656