Bjørnskov, Christian; Schröder, Philipp J.H. - In: Journal of Comparative Economics 41 (2013) 4, pp. 1073-1091
This paper investigates the effects of inflows of foreign aid on the debt repayment behavior of developing countries. The paper first delineates the overall incentives to committing to timely debt repayment in a war of attrition-type model. A set of panel estimates including 93 developing...
