We introduce a new "supply-push" instrument for foreign aid, to be used together with an instrumental variable estimator that filters out unobserved common factors. We use this instrument to study the effects of aid on macroeconomic ratios, and especially the ratios of consumption, investment,...

The secession of South Sudan has rendered the political, security, economic and social situation of Sudan fragile. Thus, the IMF packages and foreign aids had yielded some positive returns on Sudan economy recovery. This study focused on the foreign aids and recent economic reforms which are...

This paper explores the impact of foreign aid on economic growth using variation in aid inflows from natural disasters. Because using a country's own disaster exposure as an instrument for aid inflows violates exogeneity assumptions, I instead use the disaster exposure of a country's "aid...