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Essays in international macroeconomics
Scholl, Almuth - 2006
Persistent link: https://www.econbiz.de/10003315521
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Aid volatility, policy and development
Hudson, John (contributor); Mosley, Paul (contributor) - 2007
Persistent link: https://www.econbiz.de/10003585421
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The macroeconomics of state fragility in Africa
Chuku, Chuku Agbai; Obi, Kenneth Onyebuchi - 2019
Persistent link: https://www.econbiz.de/10011990303
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Volatility of Development Aid : From the Frying Pan Into the Fire?
Hamann, A. Javier - 2006
has been delivered in the past five years. If anything, aid volatility has worsened somewhat and the information value of … long-term lending commitments has declined. We take these results to mean that the main causes of the volatility and …
Persistent link: https://www.econbiz.de/10014402395
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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
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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
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Foreign Aid and the Business Cycle
Robe, Michel A.; Pallage, Stephane - 2002
aid procyclicality with the business cycle of donors. In light of the very high volatility of output in developing …
Persistent link: https://www.econbiz.de/10014121830
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Business Cycle Fluctuations, Large Shocks, and Development Aid : New Evidence
Dabla-Norris, Era; Minoiu, Camelia; Zanna, Luis-Felipe - 2016
We examine the cyclical properties of development aid using bilateral data for 22 donors and over 100 recipients during 1970‒2005. We find that bilateral aid flows are on average pro-cyclical with respect to business cycles in donor and recipient countries. However, they become...
Persistent link: https://www.econbiz.de/10014189315
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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
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Economic growth and the volatility of foreign aid
Chervin, Michal; Wijnbergen, Sweder van - 2009
volatility of aid on economic growth, controlling for the level of aid. A four-year panel analysis is conducted encompassing 155 … countries over the period 1966-2001. We find that once the volatility of aid is controlled for, aid has a positive impact on … economic growth. Correspondingly, volatility of aid flows is found to be negatively related to growth. We found no significant …
Persistent link: https://www.econbiz.de/10011379530