Foreign Aid, Income Inequality, and Poverty

Calderón, María Cecilia; Chong, Alberto E.; Gradstein, Mark

dc.creator	Calderón, María Cecilia
dc.creator	Chong, Alberto E.
dc.creator	Gradstein, Mark
dc.date	2011-02-07T21:19:31Z
dc.date	2011-02-07T21:19:31Z
dc.date	2006-03-15
dc.date	2006-03-15
dc.date	2013-12-29T10:57:38Z
dc.date.accessioned	2014-09-09T00:54:29Z
dc.date.available	2014-09-09T00:54:29Z
dc.date.issued	2014-09-08
dc.identifier	http://www.iadb.org/en/publications/publication-detail,7101.html?id=6623
dc.identifier.uri	https://saber.ucab.edu.ve/xmlui/handle/123456789/15852
dc.description	The aim of this paper is to provide empirical evidence on the link between foreign aid and income inequality for the period 1973-2002. Since simple cross-country regressions cannot be taken as true time series findings, we also focus on dynamic panel data techniques, which allow accounting for potential simultaneity and heterogeneity problems. We do not find very robust evidence that foreign aid is conducive to the improvement of the distribution of income, even when the quality of institutions is taken into account. This finding is consistent with recent empirical research on aid and growth that shows that such a link is weak at best.
dc.format	ACROBAT
dc.language	en
dc.relation	IDB Working Paper Series
dc.subject	Poverty
dc.subject	Pobreza
dc.subject	WP-547
dc.title	Foreign Aid, Income Inequality, and Poverty
dc.type	Working Papers