Conditional Lending Under Altruism /
We analyze how the altruism of an international financial institution (IFI) towards its lowincome member countries (LICs) alters the effectiveness of its loans. We study IFI loans to a credit-constrained LIC. The IFI's repayment policy is determined by the interplay of its concerns for the welf...
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| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2004.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 2004/100 |
| 在線閱讀: | Full text available on IMF |