| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w12235 |
| 来源ID | Working Paper 12235 |
| Sudden Stops and IMF-Supported Programs | |
| Barry Eichengreen; Poonam Gupta; Ashoka Mody | |
| 发表日期 | 2006-05-15 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | Could a high-access, quick-disbursing %u201Cinsurance facility%u201D in the IMF help to reduce the incidence of sharp interruptions in capital flows (%u201Csudden stops%u201D)? We contribute to the debate on this question by analyzing the impact of conventional IMF-supported programs on the incidence of sudden stops. Correcting for the non-random assignment of programs, we find that sudden stops are fewer and generally less severe when an IMF arrangement exists and that this form of %u201Cinsurance%u201D works best for countries with strong fundamentals. In contrast there is no evidence that a Fund-supported program attenuates the output effects of capital account reversals if these nonetheless occur. |
| 主题 | International Economics ; International Finance |
| URL | https://www.nber.org/papers/w12235 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/569889 |
| 推荐引用方式 GB/T 7714 | Barry Eichengreen,Poonam Gupta,Ashoka Mody. Sudden Stops and IMF-Supported Programs. 2006. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w12235.pdf（253KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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