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Aid Volatility and Poverty Traps

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NBER2007-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w13400
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This paper studies the impact of aid volatility in a two-period model where production may occur with either a traditional or a modern technology. Public spending is productive and "time to build" requires expenditure in both periods for the modern technology to be used. The possibility of a poverty
创建时间:
2007-09-01
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