IMF Lending and Banking Crises /

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 matc...

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Bibliographic Details
Main Author: Papi, Luca
Other Authors: Presbitero, Andrea, Zazzaro, Alberto
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/019
Online Access:Full text available on IMF