This study measures the effects of international income, price and monetary shocks on income in 13 African countries through the Foreign Aid channel between 1970 and 2007, using a SVAR Model. We develop theoretical and empirical models that characterize these exposures. The results confirm that...

We study the effects of international monetary, income and prices shocks on domestic income through the external trade channel in 16 African countries between 1970 and 2012, using a SVAR Model. The results emphasize that domestic income is exposed to international shocks through the impacts of...