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reduce their lending to developing countries in the event of a financial crisis. The analysis combines a bank-level dataset … of bank activity and ownership with country-level data on the stock of historical crisis events between 1800 and 2005. To … different types of crises. The question of learning is also examined from the perspective of other measures of bank performance …
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reduce their lending to developing countries in the event of a financial crisis. The analysis combines a bank-level dataset … of bank activity and ownership with country-level data on the stock of historical crisis events between 1800 and 2005. To … different types of crises. The question of learning is also examined from the perspective of other measures of bank performance …
Persistent link: https://www.econbiz.de/10012973331
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 is addressed by adopting an instrumental variable strategy and a propensity score...
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