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The macroeconomic impact of aid volatility

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Author Info
Hudson, John
Mosley, Paul

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Abstract

We analyse the impact of aid volatility on GDP/GNP shares of expenditure. Given the level of aid, positive and negative volatility reduce investment and government expenditure shares. But the former reduces import share and the latter increases consumers' expenditure share.

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File URL: http://www.sciencedirect.com/science/article/B6V84-4PTMXNN-1/1/70fd03c0195271cd43e886d177429dfd
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Publisher Info
Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 99 (2008)
Issue (Month): 3 (June)
Pages: 486-489
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Handle: RePEc:eee:ecolet:v:99:y:2008:i:3:p:486-489

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Web page: http://www.elsevier.com/locate/ecolet

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This page was last updated on 2009-12-12.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.