Aid, Disbursement Delays, and the Real Exchange Rate

Aid, Disbursement Delays, and the Real Exchange Rate

Aid donors and recipients have long been concerned that aid inflows may lead to an appreciation of the real exchange rate and an associated loss of competitiveness. This paper provides new evidence of the dynamic effects of aid on the real exchange...

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Bibliographic Details
Main Authors: Jarotschkin, Alexandra, Kraay, Aart
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
AUTOREGRESSION
BANK LENDING
BENCHMARK
BID
BLACK MARKET
CAPITAL INFLOWS
CD
CENTRAL BANKS
CHECKS
COMPETITIVENESS
COUNTRY FIXED EFFECTS
COUNTRY SAMPLE
CREDITOR
CREDITORS
DEBTOR
DEBTOR REPORTING SYSTEM
DEFLATORS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT ASSISTANCE
DEVELOPMENT BANK
DEVELOPMENT ECONOMICS
DEVELOPMENT POLICY
DISBURSEMENT
DISBURSEMENTS
DISEQUILIBRIUM
DOMESTIC FINANCIAL MARKETS
DOMESTIC PRICE
DOMESTIC PRICE LEVEL
ECONOMIC PERFORMANCE
ECONOMIC REVIEW
ELASTICITY
ELASTICITY OF SUPPLY
EMPIRICAL EVIDENCE
EXCHANGE RATE ARRANGEMENTS
EXCHANGE RATE REGIME
EXCHANGE RATE REGIMES
EXPORT SECTOR
EXTERNALITY
FINANCIAL MARKETS
FINANCIAL SUPPORT
FIXED EXCHANGE RATE
FLEXIBLE EXCHANGE RATE
FLEXIBLE EXCHANGE RATE REGIME
FLEXIBLE EXCHANGE RATE REGIMES
FOREIGN EXCHANGE
GDP
GOVERNMENT SPENDING
HIGH INFLATION
INCOME
INCOME COUNTRIES
INDIVIDUAL LOANS
INDUSTRIALIZATION
INSTRUMENT
INTERNATIONAL BANK
INTERNATIONAL DEVELOPMENT
INTERNATIONAL ECONOMICS
INTERNATIONAL MONETARY FUND
LOAN
LOAN APPROVAL
LOAN APPROVALS
LONG TERM
M1
M2
MACROECONOMIC CRISIS
MACROECONOMIC MANAGEMENT
MACROECONOMIC POLICIES
MACROECONOMIC POLICY
MACROECONOMIC SHOCKS
MACROECONOMICS
MONETARY FUND
MONETARY POLICY
MULTILATERAL TRADE
MULTIPLIERS
NOMINAL EXCHANGE RATE
OPEN ECONOMY
OVERVALUATION
POLICY RESEARCH
POLICY RESPONSE
POVERTY REDUCTION
PRICE LEVELS
PUBLIC SPENDING
REAL APPRECIATION
REAL EXCHANGE
REAL EXCHANGE RATE
REAL EXCHANGE RATES
RELATIVE PRICE
REPAYMENTS
RESERVE
RESERVES
SIDE EFFECTS
SMALL COUNTRIES
TECHNICAL ASSISTANCE
TRANSFER PARADOX
UNDERVALUATION
WORLD ECONOMY
Dutch disease
aid
Online Access:http://documents.worldbank.org/curated/en/2013/06/17919049/aid-disbursement-delays-real-exchange-rate
http://hdl.handle.net/10986/15860

Internet

http://documents.worldbank.org/curated/en/2013/06/17919049/aid-disbursement-delays-real-exchange-rate
http://hdl.handle.net/10986/15860

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