Add to ORKGThe potential stabilization of output shocks through official assistance flows is investigated is this paper. It contributes to the current debate on aid instability and argues that official assistance might cope with exogenous output shocks in recipient countries and stabilize resources available for national expenditure, including consumption and investment. High aid dependency and vulnerability to output shocks positively affect the stabilization property of aid. Contrasting with the current literature, the paper documents that aid volatility is not a significant determinant of the stabilizing or destabilizing impact of aid
Macroeconomic studies have argued that the growth effectiveness of aid is higher in vulnerable count...
In this paper, we examine the effects of a major source of instability, namely terms of trade instab...
This paper assesses the effect of economic instability on the success of the projects funded by the ...
The potential stabilization of output shocks through official assistance flows is investigated is th...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers the authors have argued that aid is likely to mitigate the negative effects of ex...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
International audienceA 2009.25 In previous papers the authors have argued that aid is likely to mit...
In two previous papers we have argued that aid is likely to mitigate the negative effects of externa...
2008 This Working Paper should not be reported as representing the views of the IMF. The views expre...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
Macroeconomic studies have argued that the growth effectiveness of aid is higher in vulnerable count...
In this paper, we examine the effects of a major source of instability, namely terms of trade instab...
This paper assesses the effect of economic instability on the success of the projects funded by the ...
The potential stabilization of output shocks through official assistance flows is investigated is th...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
In previous papers the authors have argued that aid is likely to mitigate the negative effects of ex...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
International audienceA 2009.25 In previous papers the authors have argued that aid is likely to mit...
In two previous papers we have argued that aid is likely to mitigate the negative effects of externa...
2008 This Working Paper should not be reported as representing the views of the IMF. The views expre...
In previous papers we have argued that aid is likely to mitigate the negative effects of external sh...
Macroeconomic studies have argued that the growth effectiveness of aid is higher in vulnerable count...
In this paper, we examine the effects of a major source of instability, namely terms of trade instab...
This paper assesses the effect of economic instability on the success of the projects funded by the ...