A Constrained Choice? : Impact of Concessionality Requirements on Borrowing Behavior /

This paper uses the propensity matching score approach to assess the impact of the IMF's debt limits policy (DLP) on borrowing behavior in countries eligible to borrow from its concessional lending window. The paper finds that countries under the DLP borrow significantly higher amounts of conce...

Descrición completa

Detalles Bibliográficos
Autor Principal: Ahokpossi, Calixte
Outros autores: Allain, Laurence, Bua, Giovanna
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/176
Subjects:
Acceso en liña:Full text available on IMF