Arbeitspapier
Which variables explain decisions on IMF credit? An extreme bounds analysis
This paper analyses which economic and political factors affect the chance that a country receives IMF credit or signs an agreement with the Fund. We use a panel model for 128 countries over the period 1972-1998. Our results, based on Extreme Bounds Analysis, suggest that it are mostly economic variables that are robustly related to IMF lending activity, while most political variables that have been put forward in previous studies on IMF involvement are non-significant. To the extent that political factors matter, they seem more closely related to the conclusion of IMF agreements than to the disbursement of IMF credits.
- Language
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Englisch
- Bibliographic citation
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Series: Diskussionsbeiträge ; No. 2004/15
- Classification
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Wirtschaft
International Monetary Arrangements and Institutions
- Subject
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IMF credit
political economy
- Event
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Geistige Schöpfung
- (who)
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Sturm, Jan-Egbert
Berger, Helge
de Haan, Jakob
- Event
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Veröffentlichung
- (who)
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Freie Universität Berlin, Fachbereich Wirtschaftswissenschaft
- (where)
-
Berlin
- (when)
-
2004
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Sturm, Jan-Egbert
- Berger, Helge
- de Haan, Jakob
- Freie Universität Berlin, Fachbereich Wirtschaftswissenschaft
Time of origin
- 2004
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