Series: IMF Working Papers
Author(s): Luca Papi , Andrea Presbitero , and Alberto Zazzaro
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 26 January 2015
Keywords: lending, liquidity, International Monetary Arrangements and Institutions, International Lending and Debt Problems, Macroeconomic Analyses of Economic Development,
This paper looks at the effects of International Monetary Fund (IMF) lending programs on banking crises in a large sample of developing countries, over the period 1970-2010. The endogeneity of the IMF intervention...