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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Autor principal: Ahokpossi, Calixte
Altres autors: Allain, Laurence, Bua, Giovanna
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2014.
Col·lecció:IMF Working Papers; Working Paper ; No. 2014/176
Matèries:
Accés en línia:Full text available on IMF