Monetary Policy Rules for Managing Aid Surges in Africa
O'Connell, Stephen A., Pattillo, Catherine A., Adam, Christopher S. and Buffie, Edward F. (2008). Monetary Policy Rules for Managing Aid Surges in Africa. UNU-WIDER.
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https://www.wider.unu.edu/sites/default/files/rp2008-77.pdf Hyperlink -
Sub-type Research paper Author O'Connell, Stephen A.
Pattillo, Catherine A.
Adam, Christopher S.
Buffie, Edward F.Title Monetary Policy Rules for Managing Aid Surges in Africa Volume/Issue No. 2008/77 Publication Date 2008 Place of Publication Helsinki Publisher UNU-WIDER Pages 25 Language eng Abstract We examine the properties of alternative monetary policy rules in response to large aid surges in low-income countries characterized by incomplete capital market integration and currency substitution. Using a dynamic stochastic general equilibrium model,
Keyword Economic assistance and foreign aid
Mathematical models (equilibrium (economics))
Foreign exchange
Monetary policyCopyright Holder UNU-WIDER Copyright Year 2008 Copyright type Fair use permitted ISSN 18102611 -
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