The spending and absorption of aid in PRGF supported programs / / Markus Berndt [and three others] ; authorized for distribution by Patricia Alonso-Gamo

• Pubblicazione: [Washington, District of Columbia] : , : International Monetary Fund, , 2008; ©2008
• Descrizione fisica: 1 online resource (46 p.)
• Disciplina: 336.39
• Soggetto topico: Expenditures, Public - Econometric models; Absorptive capacity (Economics) - Econometric models; Economic assistance - Econometric models
• Soggetto genere / forma: Electronic books.
• Altri autori: BerndtMarkus Alonso-GamoPatricia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: 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; References
• Sommario/riassunto: This 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
• Titolo autorizzato: The spending and absorption of aid in PRGF supported programs
• ISBN: 1-4623-6890-5; 1-4527-0367-1; 1-282-84188-2; 1-4518-7095-7; 9786612841880
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910463616803321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers