IMF Lending and Banking Crises is popular PDF and ePub book, written by Luca Papi in 2015-01-26, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, IMF Lending and Banking Crises can be Read Online from any device for your convenience.
IMF Lending and Banking Crises Book PDF Summary
This paper looks at the effects of International Monetary Fund (IMF) lending programs on banking crises in a large sample of developing countries, over the period 1970-2010. The endogeneity of the IMF intervention is addressed by adopting an instrumental variable strategy and a propensity score matching estimator. Controlling for the standard determinants of banking crises, our results indicate that countries participating in IMF-supported lending programs are significantly less likely to experience a future banking crisis than nonborrowing countries. We also provide evidence suggesting that compliance with conditionality and loan size matter.
Detail Book of IMF Lending and Banking Crises PDF
- Author : Luca Papi
- Release : 26 January 2015
- Publisher : International Monetary Fund
- ISBN : 9781498331623
- Genre : Business & Economics
- Total Page : 56 pages
- Language : English
- PDF File Size : 8,5 Mb
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