Narrow search
Showing 1 - 10 of 5,979
Cover Image
Exploring the Output Effect of Fiscal Policy Shocks in Low Income Countries
Honda, Jiro - 2020
What do we know about the output effects of fiscal policy in low income countries (LICs)? There are very few empirical studies on the subject. This paper fills this gap by estimating the output effects of government spending shocks in LICs. Our analysis-based on the local projection method-finds...
Persistent link: https://www.econbiz.de/10012831612
Cover Image
Why Do Some Countries Receive Procyclical Aid While Others Do Not?
Banerjee, Ryan - 2011
This paper documents that developing countries with opaque institutions receive procyclical development aid and procyclical promises of future aid while developing countries with transparent institutions receive countercyclical aid. It provides a dynamic equilibrium model of optimal aid policy...
Persistent link: https://www.econbiz.de/10013120394
Cover Image
Counterpart Funding Requirements and the Foreign Aid Procyclicality Puzzle
Pallage, Stephane - 2016
Official development assistance is a key source of external finance in many developing countries. A striking feature of these aid flows is their positive correlation with business cycles in recipient countries. This pattern is puzzling in that it reinforces recipients' already strong and costly...
Persistent link: https://www.econbiz.de/10012999273
Cover Image
Foreign Aid and the Business Cycle
Robe, Michel A.; Pallage, Stephane - 2002
We document the real business cycle properties of foreign aid to poor countries. We show that aid exhibits the following empirical regularities over a twenty-five year period. First, it represents a significant source of income for the recipients. Second, it is very volatile--two to three times...
Persistent link: https://www.econbiz.de/10014224833
Cover Image
Foreign Aid and the Business Cycle
Robe, Michel A.; Pallage, Stephane - 2002
In this paper, we document empirical regularities in the foreign aid flows to developing countries over the last three decades. In spite of a large body of literature on foreign aid and its impact on recipients, surprisingly little is known about its business cycle characteristics. We show that,...
Persistent link: https://www.econbiz.de/10014121830
Cover Image
Counterpart Funds and the Foreign Aid Procyclicality Puzzle
Pallage, Stephane - 2015
Official development assistance is a key source of external finance in many developing countries. A striking feature of these aid flows is their positive correlation with the business cycle of recipient countries. This pattern is puzzling in that it reinforces recipients' already strong and...
Persistent link: https://www.econbiz.de/10013030384
Cover Image
Business Cycles and Social Spending in Developing Countries : Implications for South Korea’s Foreign Aid Strategy
Kim, Namsuk - 2012
The present paper contributes to the literature by providing arguments and evidence on volatility of government expenditure, especially social spending and the role of foreign aid. Empirical findings from government spending data for 27 countries between 1990 and 2008 suggest that social...
Persistent link: https://www.econbiz.de/10013110998
Cover Image
Macroeconomic significance of remittances in developing countries
Mishi, Syden; Mingiri, Kapingura Forget - In: International journal of economic policy in emerging … 6 (2013) 3, pp. 238-253
Persistent link: https://www.econbiz.de/10010342174
Cover Image
Migration remittances inflows and macroeconomic shocks : the case of Egypt
Khodeir, Aliaa Nabil - In: International journal of economics and financial issues … 5 (2015) 4, pp. 1001-1010
Persistent link: https://www.econbiz.de/10011455354
Cover Image
Remittances and Vulnerability in Developing Countries
Bettin, Giulia - 2014
This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions … bilateral remittances from 103 Italian provinces to 87 developing countries over the period 2005-2011. Remittances are … eases access to financial services for migrants and reduces transaction costs, is positively associated with remittances …
Persistent link: https://www.econbiz.de/10011396094