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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Balima, Hippolyte
Rannpháirtithe: Sy, Amadou
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2019.
Sraith:IMF Working Papers; Working Paper ; No. 2019/002
Rochtain ar líne:Full text available on IMF