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Arrears to the IMF – A Ghost of the Past? / / Anne Oeking, Mariusz Sumlinski



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Autore: Oeking Anne Visualizza persona
Titolo: Arrears to the IMF – A Ghost of the Past? / / Anne Oeking, Mariusz Sumlinski Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2016
Descrizione fisica: 1 online resource (38 pages) : color illustrations
Disciplina: 338.542
Soggetto topico: Financial crises - Forecasting - Econometric models
Loans, Foreign
Econometrics
Exports and Imports
Macroeconomics
Money and Monetary Policy
International Monetary Arrangements and Institutions
International Lending and Debt Problems
Monetary Policy, Central Banking, and the Supply of Money and Credit: General
Price Level
Inflation
Deflation
Discrete Regression and Qualitative Choice Models
Discrete Regressors
Proportions
International economics
Monetary economics
Econometrics & economic statistics
Arrears
External debt
Credit
Commodity price indexes
Logit models
Money
Prices
Econometric analysis
Debts, External
Price indexes
Econometric models
Soggetto geografico: United States
Altri autori: SumlinskiMariusz  
Nota di bibliografia: Includes bibliographical references.
Sommario/riassunto: In this paper, we consider incidences of arrears to the IMF, focusing on protracted arrears cases and attempt to identify determinants of their occurrence. We use narrative and formal methods. In addition, we analyze determinants of the duration of arrears. We find that previous arrears, reserves coverage, and institutional quality are among the main determinants of arrears. In addition, we identify a role for political developments, including civil unrest, which make arrears more likely to arise and to last longer. We conclude that improved macroeconomic conditions and turnaround of political fortunes would help to clear the currently remaining protracted arrears cases.
Titolo autorizzato: Arrears to the IMF – A Ghost of the Past  Visualizza cluster
ISBN: 1-4755-5539-3
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910155014503321
Lo trovi qui: Univ. Federico II
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Serie: IMF Working Papers; Working Paper ; ; No. 2016/225