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010   $a9786612841880
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035   $a(EBL)1608055
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100   $a20140226h20082008  uy             0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 04$aThe spending and absorption of aid in PRGF supported programs /$fMarkus Berndt [and three others] ; authorized for distribution by Patricia Alonso-Gamo
210  1$a[Washington, District of Columbia] :$cInternational Monetary Fund,$d2008.
210  4$dİ2008
215   $a1 online resource (46 p.)
225 1 $aIMF Working Papers
225  0$aIMF working paper ;$vWP/08/237
300   $aDescription based upon print version of record.
311   $a1-4519-1548-9 
320   $aIncludes bibliographical references.
327   $aContents; 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; References
330   $aThis paper studies the spending and absorption of aid in PRGF-supported programs, verifies whether the use aid is programmed to be smoothed over time, and analyzes how considerations about macroeconomic stability influence the programmed use of aid. It finds that PRGF-supported programs allow countries to use most or almost all increases in aid within a few years. The paper finds some evidence that the programmed absorption of aid is higher in countries where reserve coverage is above a certain threshold, whereas programmed spending does not seem to depend on inflation. Finally, it shows that 
410  0$aIMF Working Papers
606   $aExpenditures, Public$xEconometric models
606   $aAbsorptive capacity (Economics)$xEconometric models
606   $aEconomic assistance$xEconometric models
608   $aElectronic books.
615  0$aExpenditures, Public$xEconometric models.
615  0$aAbsorptive capacity (Economics)$xEconometric models.
615  0$aEconomic assistance$xEconometric models.
676   $a336.39
701   $aBerndt$b Markus$0869959
701   $aAlonso-Gamo$b Patricia$0869960
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910463616803321
996   $aThe spending and absorption of aid in PRGF supported programs$91942260
997   $aUNINA