Showing 1 - 10 of 14
In this paper, we perform a Tobit analysis of aid allocations, covering the period 1999-2002 and accounting for both altruistic and selfish donor motives. We first compare the allocative behavior of all bilateral donors taken together with that of multilateral aid agencies, and then look at nine...
Persistent link: https://www.econbiz.de/10010313624
Persistent link: https://www.econbiz.de/10010270914
We analyze the aid portfolio of various bilateral and multilateral donors, testing whether they have prioritised aid in line with the Millennium Development Goals (MDGs). In doing so, we combine sectorally disaggregated aid data with indicators reflecting the situation of recipient countries...
Persistent link: https://www.econbiz.de/10010314332
imports, exports, and the rest of the economy. This is particularly true for Africa. The continent depends on exports of … commodities to finance imports of manufactured goods for consumption and investment purposes. The importance of trade to African … the countries of Africa. These estimates collected in our survey can support both academic research and policy making on …
Persistent link: https://www.econbiz.de/10013470692
Der seit der Finanzkrise steile Anstieg der Zinsdifferenzen zwischen europäischen Staatsanleihen bringt mehrere Mitgliedsländer der europäischen Währungsunion (EWU) unter erhebliche Refinanzierungsschwierigkeiten und wirft die Frage nach den Ursachen auf. Dieser Bericht fasst die Ergebnisse...
Persistent link: https://www.econbiz.de/10011602283
The paper discusses the issue of estimating short- and long-run exchange rate pass-through to import prices in euro area countries and reviews some problems with the measures recently proposed in the literature. Theoretical considerations suggest a cointegrating relationship (between import unit...
Persistent link: https://www.econbiz.de/10010295304
I apply the Johansen and Swensen (1999, 2004) method of testing exact rational expectations within the cointegrated VAR (Vector Auto-Regressive) model, to testing the New Keynesian (NK) model. This method permits the testing of rational expectation systems, while allowing for non-stationary...
Persistent link: https://www.econbiz.de/10010295321
Das Produktionspotenzial ist eine wichtige makroökonomische Indikatorvariable. Die Abweichung der Produktion vom Produktionspotenzial, die Produktionslücke, dient der Einschätzung der konjunkturellen Lage und als Indikator für Inflations- oder Deflationsrisiken. Wie sicher kann die...
Persistent link: https://www.econbiz.de/10010302208
The paper considers some of the issues emerging from the discrete wavelet analysis of popular bivariate spectral quantities such as the coherence and phase spectra and the frequency-dependent time delay. The approach utilised here is based on the maximal overlap discrete Hilbert wavelet...
Persistent link: https://www.econbiz.de/10010306878
Two conversion schemes may be employed for assessing income inequality from household equivalent incomes: to weight household units by size or by needs. Using data from the Luxembourg Income Study, we show the sensitivity of country inequality rankings to conversion schemes and explain the...
Persistent link: https://www.econbiz.de/10010309600