: (i) monetary volatility negatively affects long-run growth; (ii) the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …

-stationary productivity shock process. Third, the observed data favor the quadratic benchmark RBC and financial frictions models over the …

This paper reviews both the literature on aid volatility and also adds to that literature. In general, the focus of … this literature has been on the volatility of overall aid, while we focus more on the volatility of the individual aid … commitments and disbursements, particularly the latter. Key aid sectors in explaining total aid volatility relate to debt …

Purpose- This paper has put a demand-side empirical structure to the hypothesis that foreign aid volatility adversely …. Findings- The findings broadly show that foreign aid volatility does not adversely affect the demand-side choices of lifelong …

not for all regions. The expansion of private flows has usually come at the cost of an increased volatility that adds up … to aid volatility, already considered to be an issue. We do not find any negative and significant correlations between …