This paper empirically traces the fiscal impacts of hurricane strikes. To this end, a hurricane damage index is derived from a physical wind field model for a panel of Caribbean countries over 36years. Results, based on panel VAR and impulse response functions analysis, show that, overall,...

We explore the fiscal impacts of hurricane strikes. To this end we derive a damage index from a physical wind field model, and assemble a panel data set of Caribbean countries over 36 years. Our results, based on panel var and impulse response frameworks, show that a typical strike significantly...

The paper presents a theoretical and empirical analysis of a donor’s choice of the composition of unrestricted and in-kind/restricted transfers to a recipient and how this composition is adjusted in response to changes in the moral hazard behavior of the recipient. In-kind or restricted...

This paper presents an empirical analysis of the relationship between foreign aid inflows and the real exchange rate in the countries of the CFA Franc zone. Using panel data analysis we find that foreign aid inflows are associated with the appreciation of the real exchange rate in the CFA...

The paper presents a theoretical and empirical analysis of a donor’s choice of the composition of unrestricted and in-kind/restricted transfers to a recipient and how this composition is adjusted in response to changes in the moral hazard behavior of the recipient. In-kind or restricted...

This paper examines the impact of climatic change on the level of total agricultural production of Sub-Saharan Africa (SSA) and non-Sub-Sahara Africa (NSSA) developing countries. In doing so it uses a new cross-country panel climatic dataset in an agricultural production framework. The results...