Series: IMF Working Papers
Author(s): Calixte Ahokpossi , Laurence Allain , and Giovanna Bua
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 24 September 2014
Keywords: Concessionality, debt limits policy, propensity score matching, external debt, public debt, private creditors, debt relief, concessional debt, International Monetary Arrangements and Institutions, International Lending and Debt Problems
This paper uses the propensity matching score approach to assess the impact of the IMF's debt limits policy (DLP) on borrowing behavior in countries eligible to borrow from its concessional lending window. The pape...