03027nam 2200649 450 991046361680332120170815101950.01-4623-6890-51-4527-0367-11-282-84188-21-4518-7095-79786612841880(CKB)3170000000055140(EBL)1608055(SSID)ssj0001486957(PQKBManifestationID)11928413(PQKBTitleCode)TC0001486957(PQKBWorkID)11478182(PQKB)10737878(OCoLC)762944277(MiAaPQ)EBC1608055(EXLCZ)99317000000005514020140226h20082008 uy 0engur|n|---|||||txtccrThe spending and absorption of aid in PRGF supported programs /Markus Berndt [and three others] ; authorized for distribution by Patricia Alonso-Gamo[Washington, District of Columbia] :International Monetary Fund,2008.©20081 online resource (46 p.)IMF Working PapersIMF working paper ;WP/08/237Description based upon print version of record.1-4519-1548-9 Includes bibliographical references.Contents; I. Introduction; II. Background; III. Conceptual Framework; IV. Methodology; V. Results; A. Spending, Absorption, and Smoothing of Aid Increases in PRGF Programs; B. Alternative Model in Levels; VI. Conclusions; Appendices; I. The Dataset; II. The Model; III. Estimation Results; ReferencesThis paper studies the spending and absorption of aid in PRGF-supported programs, verifies whether the use aid is programmed to be smoothed over time, and analyzes how considerations about macroeconomic stability influence the programmed use of aid. It finds that PRGF-supported programs allow countries to use most or almost all increases in aid within a few years. The paper finds some evidence that the programmed absorption of aid is higher in countries where reserve coverage is above a certain threshold, whereas programmed spending does not seem to depend on inflation. Finally, it shows that IMF Working PapersExpenditures, PublicEconometric modelsAbsorptive capacity (Economics)Econometric modelsEconomic assistanceEconometric modelsElectronic books.Expenditures, PublicEconometric models.Absorptive capacity (Economics)Econometric models.Economic assistanceEconometric models.336.39Berndt Markus869959Alonso-Gamo Patricia869960MiAaPQMiAaPQMiAaPQBOOK9910463616803321The spending and absorption of aid in PRGF supported programs1942260UNINA