Scheubel, Beatrice; Tafuro, Andrea; Vonessen, Benjamin - 2018
There is a perception that IMF programmes are not catalytic and instead associated with large capital outflows, higher … effects of IMF programmes may deter countries from asking for an IMF programme when they need one, a form of "IMF stigma". We … materialise and how past experience with adverse market reactions affects subsequent IMF programme participation. Our results …