کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5056756 1371664 2006 18 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Macroeconomic policies and participation in IMF programs
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Macroeconomic policies and participation in IMF programs
چکیده انگلیسی

This paper poses the question whether and to what extent developing countries' macroeconomic policies affect their participation in IMF programs. The data contain 91 developing countries that received four types of IMF programs during the period 1967-1996. Using survival analysis and generalized least squares, we examine the characteristics of interprogram years (years without any IMF program). The results suggest that the average number of years that countries spend without an IMF program is affected by their macroeconomic policies and exchange rate regimes. Policy combinations that prevent the reduction in reserves lengthen the average interprogram period.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economic Systems - Volume 30, Issue 3, October 2006, Pages 264-281
نویسندگان
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