Economists typically evaluate policies based on how such policies affect individuals' utilities. We follow this approach by taking a welfarist view of the USA's espoused policy of promoting liberty in other parts of the world. However, we take a nuanced view by investigating the type of welfare...

Economists typically evaluate policies based on how such policies affect individuals’ utilities. We follow this approach by taking a welfarist view of the USA’s espoused policy of promoting liberty in other parts of the world. However, we take a nuanced view by investigating the type of...

Building on recent work in the fiscal response literature, the present paper develops a new fiscal response model, which, for the first time in the relevant literature, combines the ideas of both endogenous and disaggregated aid. We endogenized aid on the grounds that the recipient government...

A plethora of work has been done on the effectiveness of foreign aid. However, virtually none of the previous studies has investigated the impact of aid on social cohesion. Yet, in order to promote the achievement of the targets in SDG 16, donors and global partners of developing countries have...

A plethora of work has been done on the effectiveness of foreign aid. However, virtually none of the previous studies has investigated the impact of aid on social cohesion. Yet, in order to promote the achievement of the targets in SDG 16, donors and global partners of developing countries have...

This paper examines the impact of foreign aid on public sector fiscal behaviour in Côte d’Ivoire. A special interest is the relationship between aid, debt servicing and debt, given that Côte d’Ivoire is a highly indebted country. The theoretical model employed differs from those of...