| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9596 |
| DP9596 Dynamic Aid Allocation | |
| Jonathan Temple; Fabien Postel-Vinay | |
| 发表日期 | 2013-08-11 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | This paper introduces a framework for studying the optimal dynamic allocation of foreign aid among multiple recipients. We pose the problem as one of weighted global welfare maximization. A donor in the North chooses an optimal path for international transfers, anticipating that consumption and investment decisions will be made by optimizing households in the South, and accounting for limits in the extent to which recipients can effectively absorb aid. We present quantitative results on optimal aid policy by applying our approach to a neoclassical growth model, where the scope for aid-funded growth is determined by the recipients' distance from steady-state. |
| 主题 | International Macroeconomics |
| 关键词 | Aid allocation Economic growth Foreign aid |
| URL | https://cepr.org/publications/dp9596 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538432 |
| 推荐引用方式 GB/T 7714 | Jonathan Temple,Fabien Postel-Vinay. DP9596 Dynamic Aid Allocation. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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