منابع مشابه
Is Aid Volatility Harmful?
This paper studies the causal e¤ect of aid volatility on the economic performance of developing countries in 2000-2009 period. We construct a time-varying measure of aid volatility using autoregressive conditional heteroskedasticity (ARCH). We control for the endogeneity of aid ows by using as instruments for aid volatility three characteristics of donor counitres: (i) their budget de cits ; (...
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The international community has advanced in reforming the international aid system. Such reform comes at a time when there is a renewed skepticism about aid effectiveness and when the crisis sheds new doubts about the sustainability of donors ́ commitments. At the same time, the international reality has changed as a consequence of the growing heterogeneity of the developing world, the new geogr...
متن کاملConsequences of Aid Volatility for Macroeconomic Management and Aid Effectiveness
This paper reviews both the literature on aid volatility and also adds to that literature. In general, the focus of this literature has been on the volatility of overall aid, while we focus more on the volatility of the individual aid sectors, e.g., education aid. In doing this, detailed use is made of the Creditor Reporting System (CRS) database on aid commitments and disbursements, particular...
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Explaining dividend policy has been one of the most difficult challenges facing financial economists. Despite decades of study, we have yet to completely understand the factors that influence dividend policy and the manner in which these factors interact.The aim of this paper is to examine the relation between dividend policy and share price volatility in Tehran Stock Exchange (TSE). The analys...
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ژورنال
عنوان ژورنال: World Development
سال: 2008
ISSN: 0305-750X
DOI: 10.1016/j.worlddev.2007.02.018