Search Results

Your search found 1 documents


Foreign Aid and Real Exchange Rate Adjustments in a Financially Constrained Dependent Economy

Author/Editor: Stephen J. Turnovsky, Serpil Tekin, Valerie Cerra.

Release Date:August, 2008

A dynamic dependent-economy model is developed to investigate the role of the real exchange rate in determining the effects of foreign aid. If capital is perfectly mobile between sectors, untied aid more...



Price: $18.00