The Impact of Bailouts on the Probability of Sovereign Debt Crises : Evidence from IMF-Supported Programs /

This paper studies the role of IMF-supported programs in mitigating the likelihood of subsequent sovereign defaults in borrowing countries. Using a panel of 106 developing countries from 1970 to 2016 and an entropy balancing methodology, we find that IMF-supported programs significantly reduce the l...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Balima, Hippolyte
Muut tekijät: Sy, Amadou
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2019.
Sarja:IMF Working Papers; Working Paper ; No. 2019/002
Linkit:Full text available on IMF