comprehensive analysis of the dynamics adhering to the foreign financial inflows-government expenditure nexus in Bangladesh tapping … borrowings in Bangladesh. Conversely, financial assistances in the form of concessional loans and those originating from …

budget. This study makes three contributions to both fungibility and fiscal response literature. First, fungibility at the …-fungible and on-budget aid is partly fungible. Third, fungibility of bilateral and multilateral aid is analysed: the results … indicate lower fungibility of multilateral aid. …

This study examines the fungibility of foreign aid and makes three contributions to the existing literature. Firstly …, fungibility of aid at the aggregate level is reexamined on a richer panel dataset of 91 developing countries for 1980-2009, taking … run, around 50 % of aid increases government expenditures, although results are not stable. High levels of fungibility …

budget. This study makes three contributions to both fungibility and fiscal response literature. First, fungibility at the …-fungible and on-budget aid is partly fungible. Third, fungibility of bilateral and multilateral aid is analysed: the results … indicate lower fungibility of multilateral aid. …

This paper takes a fresh look at the issue of foreign aid fungibility.  Unlike the bulk of existing empirical studies … differentiate between on- and off-budget aid produces biased estimates of fungibility.  Sector programme aid is the measure of on …

This paper takes a fresh look at the issue of foreign aid fungibility. Unlike the bulk of existing empirical studies, I … differentiate between on- and off-budget aid produces biased estimates of fungibility. Sector programme aid is the measure of on …, technical cooperation leads to at most a small displacement of recipient public expenditure, implying limited fungibility for …