Welfare Gains of Aid Indexation in Small Open Economies /

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Foreign aid flows to poor, aid-dependent economies are highly volatile and pro-cyclical. Shortfalls in aid coincide with shortfalls in GDP and government revenues. This increases the consumption volatility in aid dependent countries, thereby causing substantial welfare losses. This paper finds that...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Dhasmana, Anubha (Autor)
Autor Corporativo: International Monetary Fund
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, 2008.
Ã2008
Colección:IMF working paper ; WP/08/101.
Temas:
Economic assistance > Developing countries > Econometric models.
Economic development > Developing countries > Econometric models.
Business cycles > Developing countries > Econometric models.
Business cycles > Econometric models
Economic assistance > Econometric models
Economic development > Econometric models
Developing countries
Acceso en línea:Texto completo
Tabla de Contenidos:
  • I. INTRODUCTION; II. PRIMARY COMMODITY EXPORTS AND PRICE VOLATILITY; III. THE BENCHMARK MODEL; IV. MODEL CALIBRATION AND COMPARATIVE STATICS; V. DYNAMICS; VI. RESULTS; VII. CONCLUSION; References.

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