Browsing Discussion papers (SAM) by Author "Pedersen, Karl Rolf"
Now showing items 1-2 of 2
-
Foreign aid and international public goods : incentives and strategic behavior
Pedersen, Karl Rolf (Discussion paper, Working paper, 2002-08)This paper considers a stylized model where a donor and a recipient government derive utility from a public good (for example consumption among the poor or defense capacity in the recipient country), in addition to a ... -
Foreign aid and sovereign credit worthiness
Pedersen, Karl Rolf (Discussion paper, Working paper, 2007-12)International financial markets are far from perfect. Because of problems related to contract enforcement borrowers often end up being rationed; the lenders tend to constrain the amount lent ex ante in order to motivate ...