LEADER 05096oam 22012614 450 001 9910827081203321 005 20240402050733.0 010 $a1-4623-6890-5 010 $a1-4527-0367-1 010 $a1-282-84188-2 010 $a1-4518-7095-7 010 $a9786612841880 035 $a(CKB)3170000000055140 035 $a(EBL)1608055 035 $a(SSID)ssj0001486957 035 $a(PQKBManifestationID)11928413 035 $a(PQKBTitleCode)TC0001486957 035 $a(PQKBWorkID)11478182 035 $a(PQKB)10737878 035 $a(OCoLC)762944277 035 $a(IMF)WPIEE2008237 035 $a(MiAaPQ)EBC1608055 035 $a(EXLCZ)993170000000055140 100 $a20020129d2008 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe Spending and Absorption of Aid in PRGF Supported Programs /$fJan Martijn, Markus Berndt, Abu Shonchoy, Paolo Dudine 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2008. 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 3 $aThis paper studies the spending and absorption of aid in PRGF-supported programs, verifies whether the use aid is programmed to be smoothed over time, and analyzes how considerations about macroeconomic stability influence the programmed use of aid. It finds that PRGF-supported programs allow countries to use most or almost all increases in aid within a few years. The paper finds some evidence that the programmed absorption of aid is higher in countries where reserve coverage is above a certain threshold, whereas programmed spending does not seem to depend on inflation. Finally, it shows that the presence of a PRGFsupported program does not constrain the actual spending and absorption of aid. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2008/237 606 $aExpenditures, Public$xEconometric models 606 $aAbsorptive capacity (Economics)$xEconometric models 606 $aEconomic assistance$xEconometric models 606 $aExports and Imports$2imf 606 $aInflation$2imf 606 $aPublic Finance$2imf 606 $aStatistics$2imf 606 $aDebt$2imf 606 $aDebt Management$2imf 606 $aSovereign Debt$2imf 606 $aCurrent Account Adjustment$2imf 606 $aShort-term Capital Movements$2imf 606 $aPrice Level$2imf 606 $aDeflation$2imf 606 $aData Collection and Data Estimation Methodology$2imf 606 $aComputer Programs: Other$2imf 606 $aPublic finance & taxation$2imf 606 $aInternational economics$2imf 606 $aMacroeconomics$2imf 606 $aEconometrics & economic statistics$2imf 606 $aGovernment debt management$2imf 606 $aCurrent account deficits$2imf 606 $aBalance of payments statistics$2imf 606 $aGovernment finance statistics$2imf 606 $aDebts, Public$2imf 606 $aBalance of payments$2imf 606 $aPrices$2imf 606 $aFinance$2imf 607 $aBenin$2imf 615 0$aExpenditures, Public$xEconometric models. 615 0$aAbsorptive capacity (Economics)$xEconometric models. 615 0$aEconomic assistance$xEconometric models. 615 7$aExports and Imports 615 7$aInflation 615 7$aPublic Finance 615 7$aStatistics 615 7$aDebt 615 7$aDebt Management 615 7$aSovereign Debt 615 7$aCurrent Account Adjustment 615 7$aShort-term Capital Movements 615 7$aPrice Level 615 7$aDeflation 615 7$aData Collection and Data Estimation Methodology 615 7$aComputer Programs: Other 615 7$aPublic finance & taxation 615 7$aInternational economics 615 7$aMacroeconomics 615 7$aEconometrics & economic statistics 615 7$aGovernment debt management 615 7$aCurrent account deficits 615 7$aBalance of payments statistics 615 7$aGovernment finance statistics 615 7$aDebts, Public 615 7$aBalance of payments 615 7$aPrices 615 7$aFinance 676 $a336.39 700 $aMartijn$b Jan$01654459 701 $aBerndt$b Markus$01654460 701 $aShonchoy$b Abu$01654461 701 $aDudine$b Paolo$01451146 801 0$bDcWaIMF 906 $aBOOK 912 $a9910827081203321 996 $aThe Spending and Absorption of Aid in PRGF Supported Programs$94006310 997 $aUNINA