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Full-Text Articles in Macroeconomics
A Study Of Corruption, Foreign Aid, And Economic Growth, Amanda Deerfield
A Study Of Corruption, Foreign Aid, And Economic Growth, Amanda Deerfield
Theses and Dissertations--Public Policy and Administration
Foreign aid donors increasingly demand that aid is used efficiently and effectively. This study examines the effect of corruption levels, measured by the Corruption Perceptions Index, within a recipient country on the levels of economic growth. A growing literature outlines the mechanisms through which corruption impedes economic growth and is summarized within. Additionally, as longevity gains may result from foreign aid but are not captured in economic growth, this study computes a variable called the Life Quality Indicator (LQI) that combines such gains with economic growth and examines corruption’s effect on LQI growth. As any windfall, foreign aid has been …
Essays On Capital Controls And Exchange Rate Regimes, Yu You
Essays On Capital Controls And Exchange Rate Regimes, Yu You
Theses and Dissertations--Economics
This dissertation consists of three essays on capital controls and exchange rate regimes. The first essay, under the background of international monetary policy trilemma, empirically investigates the validity of the proposition that holding the degree of exchange rate stability constant, a decrease in capital mobility through imposition of capital controls will enhance monetary independence. Using a panel dataset covering 88 countries for the 1995-2010 period and system GMM estimation, this paper finds that 1) capital controls help improve a country’s monetary independence; 2) the effectiveness of capital controls depends on the types of assets and the direction of flows they …