On the Conditional Effects of IMF Loan Program Participation on Output Growth
Research Area: | Macroeconomics |
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Researcher: |
Michael Binder, Marcel Bluhm |
Date: |
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Abstract: |
The empirical evidence currently available in the literature regarding the effects of a country's IMF program participation on its output growth is rather inconclusive. The authors propose and estimate a panel data sample selection model featuring state dependence. |
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