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Cross-section dependence
Working Paper
Aid, taxes, and government spending: A heterogeneous co-integrated panel analysis

A substantial amount of aid to developing countries is given to the government, or goes through the budget, meaning it should have an impact on government fiscal behaviour (particularly on government spending)...

Aid Cross-section dependence Heterogeneity
Working Paper
Aid Supplies Over Time: Accounting for Heterogeneity, Trends and Dynamics

The recent financial crisis has rekindled interest in the foreign aid supply behaviour of bilateral donors. Using the latest data covering the period 1960-2009, this paper examines how such behaviour is related to domestic factors...

Business cycles Economic assistance and foreign aid Financial crisis
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