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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