Erasmus Kersting is an Assistant Professor of Economics at Villanova University. He received his PhD in Economics from Texas A&M University in 2009. His research interests include studying macroeconomic fluctuations, as well as potential drivers of economic and societal development such as firm-level innovation and development aid. His articles have been published in journals such as Review of International Economics, Economic Inquiry, and Review of Economic Dynamics. He is work includes a recent article in the European Economic Review examining the impact of aid on democracy, coauthored with Christopher Kilby.
Perceptions Matter: The Effect of Foreign Aid on Democracy Depends on Incentives
Countries that are not strategically important or that receive more aid from unconditional donors make significantly more progress toward democracy than countries that are strategically important and receive more aid from conditional donors.