04873oam 22011654 450 991095981310332120250426110056.0978661382080897814623074321462307434978145272391414527239159781282413764128241376797814519089541451908954(CKB)3360000000443119(EBL)3014464(SSID)ssj0000943267(PQKBManifestationID)11580583(PQKBTitleCode)TC0000943267(PQKBWorkID)10975527(PQKB)10152507(OCoLC)694141132(IMF)WPIEE2006101(NBER)w12235(MiAaPQ)EBC3014464(IMF)WPIEA2006101WPIEA2006101(EXLCZ)99336000000044311920020129d2006 uf 0engurcn|||||||||txtccrSudden Stops and IMF-Supported Programs /Barry Eichengreen, Poonam Gupta, Ashoka Mody1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (53 p.)IMF Working Papers"May 2006".9781451863611 1451863616 Includes bibliographical references.""Contents""; ""I. INTRODUCTION""; ""II. SUDDEN STOPS AND MULTILATERAL INSURANCE""; ""III. CAPITAL FLOWS AND SUDDEN STOPS""; ""IV. IMF-SUPPORTED PROGRAMS""; ""V. MULTIVARIATE ANALYSIS""; ""VI. IMF-SUPPORTED PROGRAMS AND SUDDEN STOPS""; ""VII. EXTENSIONS""; ""VIII. CONCLUSIONS AND IMPLICATIONS""; ""Appendix Table A1. Countries in the Sample and Sudden Stop Dates Country Year""; ""Appendix Table A2. Determinants of Sudden Stops: Sensitivity to Sample Composition""; ""Appendix II: Sources of Data and Construction of Variables""; ""REFERENCES""Could a high-access, quick-disbursing "insurance facility" in the IMF help to reduce the incidence of sharp interruptions in capital flows ("sudden stops")? We contribute to the debate around this question by analyzing the impact of conventional IMF-supported programs on the incidence of sudden stops. Correcting for the non-random assignment of programs, we find that sudden stops are fewer and generally less severe when an IMF arrangement exists and that this form of "insurance" works best for countries with strong fundamentals. In contrast there is no evidence that a Fund-supported program attenuates the output effects of capital account reversals if these nonetheless occur.IMF Working Papers; Working Paper ;No. 2006/101Capital movementsEconometric modelsBalance of paymentsimfCapital flowsimfCapital movementsimfCreditimfCurrencyimfCurrent Account AdjustmentimfCurrent accountimfDomestic creditimfExchange rate arrangementsimfExports and ImportsimfForeign ExchangeimfForeign exchangeimfInternational economicsimfInternational InvestmentimfLong-term Capital MovementsimfMonetary economicsimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfMoney and Monetary PolicyimfShort-term Capital MovementsimfSudden stopsimfUnited StatesimfCapital movementsEconometric models.Balance of paymentsCapital flowsCapital movementsCreditCurrencyCurrent Account AdjustmentCurrent accountDomestic creditExchange rate arrangementsExports and ImportsForeign ExchangeForeign exchangeInternational economicsInternational InvestmentLong-term Capital MovementsMonetary economicsMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralMoney and Monetary PolicyShort-term Capital MovementsSudden stopsEichengreen Barry318418Gupta Poonam1816118Mody Ashoka888386International Monetary Fund.European Dept.DcWaIMFBOOK9910959813103321Sudden Stops and IMF-Supported Programs4371795UNINA