Publikation: Which variables explain decisions on IMF credit? : an extreme bounds analysis
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2005
Autor:innen
Berger, Helge
Haan, Jakob de
Sturm, Jan-Egbert
Herausgeber:innen
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Core Facility der Universität Konstanz
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Zusammenfassung
This paper analyses which economic and political factors affect the chance that a country receives IMF credit or signs an agreement with the Fund. We use a panel model for 118 countries over the period 1971-2000. Our results, based on Extreme Bounds Analysis, suggest that it are mostly economic variables that are robustly related to IMF lending activity, while most political variables that have been put forward in previous studies on IMF involvement are non-significant. To the extent that political factors matter, they seem more closely related to the conclusion of IMF agreements than to the disbursement of IMF credits.
Zusammenfassung in einer weiteren Sprache
Fachgebiet (DDC)
330 Wirtschaft
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IWF-Kredit, IMF credit, political economy
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BERGER, Helge, Jakob de HAAN, Jan-Egbert STURM, 2005. Which variables explain decisions on IMF credit? : an extreme bounds analysisBibTex
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year={2005},
series={Research paper series / Thurgauer Wirtschaftsinstitut},
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