Intro -- Contents -- I. INTRODUCTION -- II. SOME PRINCIPLES FOR ASSESSING THE DESIGN OF FISCAL CONDITIONALITY -- III. MACROECONOMIC THRESHOLDS AND PCS Inflation -- IV. OTHER ASPECTS OF QUANTITATIVE FISCAL CONDITIONALITY DESIGN -- V. CONCLUSIONS -- REFERENCES.

Intro -- Contents -- I. INTRODUCTION -- II. BACKGROUND -- III. IDENTIFYING CAPITAL ACCOUNT CRISES EPISODES -- IV. ESTIMATION AND RESULTS -- V. IMF SUPPORT AND CRISIS PREVENTION -- VI. CONCLUDING REMARKS -- References.

Intro -- Contents -- I. INTRODUCTION -- II. SCALING UP AID AND THE ROLE OF THE IMF -- III. WHY WAGE BILL CEILINGS? -- IV. WAGE BILL CONDITIONALITY IN PRACTICE -- V. DO WAGE BILL CEILINGS ACCOMMODATE DONOR-FINANCED WAGE SPENDING IN PRIORITY SECTORS? -- VI. IMPROVING WAGE BILL CONDITIONALITY --...

This paper estimates factors affecting demand for Fund financing by Low-Income Countries (LICs) in response to policy and exogenous shocks. Various economic variables including reserve coverage, current account balance to GDP, real GDP growth, macroeconomic stability, and terms of trade shocks...

Intro -- 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...

This paper provides new evidence on the role of IMF programs in stimulating private sector investments. Using detailed firm-level data on tangible fixed assets and a local projection methodology, we first estimate the dynamic response of firm investments to the approval of an IMF arrangement. We...

This study applies state-of-the-art machine learning (ML) techniques to forecast IMF-supported programs, analyzes the ML prediction results relative to traditional econometric approaches, explores non-linear relationships among predictors indicative of IMF-supported programs, and evaluates model...

This paper explores the catalytic impact of IMF lending to Low-Income Countries on Official Development Assistance (ODA) during 1990-2019. It disentangles the effect on the amounts of ODA on countries’ participation in IMF programs (“extensive margin”) and the size of the IMF-supported...

We construct a high-frequency dataset that combines information on all IMF lending and proxies of monthly economic activity during the first two years of the COVID-19 pandemic (2020-21). Using this novel dataset and standard econometric techniques we find a positive and significant marginal...

This paper investigates the role that International Monetary Fund (IMF) programs and capacity building play in fostering structural reforms. To do so, we exploit two novel datasets on IMF capacity building and structural reforms available for over one hundred IMF member countries over the period...