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...

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Bibliographic Details
Main Author: Ahokpossi, Calixte
Other Authors: Allain, Laurence, Bua, Giovanna
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/176
Subjects:
Online Access:Full text available on IMF