The goal of this paper is to examine whether IMF lending programs in the MENA region lead international lenders to perceive lower lending risks and generate moral hazard as reflected in a shift in the maturity composition of international debt toward long-term debt flows. We find that IMF credit in general generated moral hazard in MENA after the IMF large-scale rescue package to Mexico
This paper analyzes the trade-off between official liquidity provision and debtor moral hazard in int...
In this empirical study, we perform cointegrated relation to analyze the effects of monetary policy ...
It is often argued that the provision of liquidity by the international institutions such as the IMF...
The goal of this paper is to examine whether IMF lending programs in the MENA region lead internatio...
Using panel data for 106 countries in 1971-1997, we estimate generalized least squares regressions t...
The view that the IMF’s financial support gives rise to moral hazard has become increasingly promine...
This paper develops a simple model of international lending, and calibrates it to assess quantitativ...
It is often argued that the provision of liquidity by the international institutions such as the IMF...
Using a simple model of international lending, we show that as long as the IMF lends at an actuarial...
This paper examines the effect of the IMF imprimatur on the cost of borrowing in the international c...
This paper explores empirically how the adoption of IMF programs affects sovereign risk over the med...
This paper studies how IMF lending affects countries´ bonds maturity. Debt maturity was claimed to b...
This Working Paper should not be reported as representing the views of the IMF. The views expressed ...
Existing empirical evidence on the effects of IMF intervention on debtor and creditor incentives - s...
This paper looks at whether the tendency of some governments to borrow short term is reinforced by f...
This paper analyzes the trade-off between official liquidity provision and debtor moral hazard in int...
In this empirical study, we perform cointegrated relation to analyze the effects of monetary policy ...
It is often argued that the provision of liquidity by the international institutions such as the IMF...
The goal of this paper is to examine whether IMF lending programs in the MENA region lead internatio...
Using panel data for 106 countries in 1971-1997, we estimate generalized least squares regressions t...
The view that the IMF’s financial support gives rise to moral hazard has become increasingly promine...
This paper develops a simple model of international lending, and calibrates it to assess quantitativ...
It is often argued that the provision of liquidity by the international institutions such as the IMF...
Using a simple model of international lending, we show that as long as the IMF lends at an actuarial...
This paper examines the effect of the IMF imprimatur on the cost of borrowing in the international c...
This paper explores empirically how the adoption of IMF programs affects sovereign risk over the med...
This paper studies how IMF lending affects countries´ bonds maturity. Debt maturity was claimed to b...
This Working Paper should not be reported as representing the views of the IMF. The views expressed ...
Existing empirical evidence on the effects of IMF intervention on debtor and creditor incentives - s...
This paper looks at whether the tendency of some governments to borrow short term is reinforced by f...
This paper analyzes the trade-off between official liquidity provision and debtor moral hazard in int...
In this empirical study, we perform cointegrated relation to analyze the effects of monetary policy ...
It is often argued that the provision of liquidity by the international institutions such as the IMF...