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The Dynamic Implications of Foreign Aid and Its Variability

The Dynamic Implications of Foreign Aid and Its Variability »

Source: The Dynamic Implications of Foreign Aid and Its Variability

Volume/Issue: 2005/119

Series: IMF Working Papers

Author(s): Timothy Lane , Leslie Lipschitz , Cristina Arellano , and Ales Bulir

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2005

ISBN: 9781451861389

Keywords: Real business cycle, general equilibrium, aid, transfer problem, tradable goods, nontradable goods, standard deviation, elasticity of substitution, terms of trade, Computable General Equilibrium Models

The paper examines the effects of aid and its volatility on consumption, investment, and the structure of production in the context of an intertemporal two-sector general equilibrium model. A permanent flow of aid...

The Dynamic Implications of Foreign Aid and Its Variability

The Dynamic Implications of Foreign Aid and Its Variability »

Volume/Issue: 2005/119

Series: IMF Working Papers

Author(s): Timothy Lane , Leslie Lipschitz , Cristina Arellano , and Ales Bulir

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2005

DOI: http://dx.doi.org/10.5089/9781451861389.001

ISBN: 9781451861389

Keywords: Real business cycle, general equilibrium, aid, transfer problem, tradable goods, nontradable goods, standard deviation, elasticity of substitution, terms of trade, Computable General Equilibrium Models

The paper examines the effects of aid and its volatility on consumption, investment, and the structure of production in the context of an intertemporal two-sector general equilibrium model. A permanent flow of aid...