How does the global economic environment influence the demand for IMF resources?

IMF Staff Papers

Volumn 55, Issue 4, 2008, Pages 624-653

  Elekdaǧ, Selim ^a  

^a IMF Research Department

Author keywords

[No Author keywords available]

Indexed keywords

EID: 56249094192     PISSN: 10207635     EISSN: 15645150     Source Type: Book Series    
DOI: 10.1057/imfsp.2008.4     Document Type: Article

References (38)

1. Abiad, A., 2007, "Early Warning Systems for Currency Crises: A Regime-Switching Approach," in Hidden Markov Models in Finance, ed. by R.S. Mamon and R.J. Elliott (New York, Springer).
2. Agénor, P.R., 1998, "The Surge in Capital Flows: Analysis of 'Pull' and 'Push' Factors," International Journal of Finance and Economics Vol. 3 (January), pp. 39-57.
3. Aisen, A., 2007, "Money-Based vs. Exchange-Rate-Based Stabilization: Is There Room for Political Opportunism?" IMF Staff Papers, Vol. 54 (November), pp. 385-17.
4. Albuquerque, R., N. Loayza, and L. Servén, 2005, "World Market Integration Through the Lens of Foreign Direct Investors," Journal of International Economics, Vol. 66 (July), pp. 267-95.
5. Arora, V., and M. Cerisola, 2001, "How Does U.S. Monetary Policy Influence Sovereign Spreads in Emerging Markets?," IMF Staff Papers Vol. 48 (November), pp. 474-98.
6. Baltagi, B.H., 2005, Econometric Analysis of Panel Data (Hoboken, New Jersey, John Wiley and Sons, 3rd ed.).
7. Barro, R.J., and J.W. Lee, 2005, "IMF Programs: Who Is Chosen and What Are the Effects?" Journal of Monetary Economics, Vol. 52 (October), pp. 1245-69.
8. Berg, A., E. Borensztein, and C. Pattillo, 2004, "Assessing Early Warning Systems: How Have They Worked in Practice?" IMF Working Paper 04/52 (Washington, International Monetary Fund).
9. Bird, G., M. Hussain, and J.P. Joyce, 2004, "Many Happy Returns? Recidivism and the IMF," Journal of International Money and Finance Vol. 23 (March), pp. 231-51.
10. Bird, G., and D. Rowlands, 2001, "IMF Lending: How Is It Affected by Economic, Political, and Institutional Factors? Journal of Policy Reform, Vol. 4, No. 3, pp. 243-70.
11. Bird, G., 2002, "The Pattern of IMF Lending: An Analysis of Prediction Failures," Policy Reform, Vol. 5 (September), pp. 173-86.
12. Bubula, A., and I̊. Ötker-Robe, 2002, "The Evolution of Exchange Rate Regimes Since 1990: Evidence from De Facto Policies," IMF Working Paper 02/155 (Washington, International Monetary Fund).
13. Calvo, G.A., and C.A. Végh, 1999, "Inflation Stabilization and BOP Crises in Developing Countries," in Handbook of Macroeconomics, Vol. 1C, ed. by J.B. Taylor and M. Woodford (Amsterdam, North-Holland), pp. 1531-14.
14. Cerutti, E., 2007, "IMF Drawing Programs: Participation Determinants and Forecasting," IMF Working Paper 07/152 (Washington, International Monetary Fund). Conway, P., 1994, "IMF Lending Programs: Participation and Impact," Journal of Development Economics, Vol. 45 (December), pp. 365-91.
15. Elekdaǧ , S., 2006, "How Does the Global Economic Environment Influence the Demand for IMF Resources?," IMF Working Paper 06/239 (Washington: International Monetary Fund). Available via the Internet: http://www.imf.org/external/pubs/cat/longres.cfm?sk=19919.0.
16. Elekdaǧ, S., R. Lalonde, D. Laxton, D. Muir, and P. Pesenti, 2007, "Oil Price Movements and the Global Economy: A Model-Based Assessment," Bank of Canada Working Paper 2007-34 (Ottawa, Bank of Canada).
17. Elekdaǧ, S., and I. Tchakarov, 2007, "Balance Sheets, Exchange Rate Policy, and Welfare," Journal of Economic Dynamics and Control, Vol. 31 (December), pp. 3986-15.
18. Frankel, J.A., and A.K. Rose, 1996, "Currency Crashes in Emerging Markets: An Empirical Treatment," Journal of International Economics Vol. 41 (November), pp. 351-66.
19. Ghosh, A., M. Goretti, B. Joshi, A. Thomas, and J. Zalduendo, 2007, "Modeling Aggregate Use of Fund Resources - Analytical Approaches and Medium-Term Projections," IMF Working Paper 07/70 (Washington, International Monetary Fund).
20. Ghosh, A.R., A.M. Gulde-Wolf, and H. Wolf, 2002, Exchange Rate Regimes: Choices and Consequences (Cambridge, Massachusetts, MIT Press).
21. Goldstein, M., G.L. Kaminsky, and C.M. Reinhart, 2000, Assessing Financial Vulnerability: An Early Warning System for Emerging Markets (Washington, Institute for International Economics).
22. Greene, W.H., 2003, Econometric Analysis (Upper Saddle River, New Jersey, Prentice-Hall, 5th ed.).
23. Hausman, J.A., 1978, "Specification Tests in Econometrics," Econometrica, Vol. 46 (November), pp. 1251-71.
24. Hsiao, C., 2003, Analysis of Panel Data (Cambridge, United Kingdom, Cambridge University Press, 2nd ed.).
25. Joyce, J.P., 1992, "The Economic Characteristics of IMF Program Countries," Economics Letters, Vol. 38 (February), pp. 237-42.
26. Joyce, J.P., 2004, "The Adoption, Implementation and Impact of IMF Programs: A Review of the Issues and Evidence," Comparative Economic Studies, Vol. 46 (September), pp. 451-67.
27. Knight, M., and J.A. Santaella, 1997, "Economic Determinants of IMF Financial Arrangements," Journal of Development Economics, Vol. 54 (December), pp. 405-36.
28. Manasse, P., and N. Roubini, 2005, " 'Rules of Thumb' for Sovereign Debt Crises," IMF Working Paper 05/42 (Washington, International Monetary Fund).
29. Manasse, P., and A. Schimmelpfennig, 2003, "Predicting Sovereign Debt Crises," IMF Working Paper 03/221 (Washington, International Monetary Fund).
30. Marchesi, S., 2003, "Adoption of an IMF Programme and Debt Rescheduling. An Empirical Analysis," Journal of Development Economics, Vol. 70 (April), pp. 403-23.
31. Mussa, M., and M. Savastano, 1999, "The IMF Approach to Economic Stabilization," IMF Working Paper 99/104 (Washington, International Monetary Fund).
32. Oatley, T., and J. Yackee, 2000, "Political Determinants of IMF Balance of Payments Lending: The Curse of Carabosse?" (unpublished; Department of Political Science, University of North Carolina).
33. Przeworski, A., and J.R. Vreeland, 2000, "The Effect of IMF Programs on Economic Growth," Journal of Development Economics, Vol. 62 (August), pp. 385-421.
34. Sturm, J.E., H. Berger, and J. De Haan, 2005, "Which Variables Explain Decisions on IMF Credit? An Extreme Bounds Analysis," Economics and Politics, Vol. 17 (July), pp. 177-13.
35. Thacker, S.C., 1999, "The High Politics of IMF Lending," World Politics, Vol. 52 (October), pp. 38-75.
36. Trudel, R., 2005, "Effects of Exchange Rate Regime on IMF Program Participation," Review of Policy Research, Vol. 22 (November , pp. 919-36.
37. Vreeland, J.R., 2004, "Institutional Determinants of IMF Arrangements," Global Fellows Working Paper (Los Angeles, University of California).
38. Wooldridge, J.M., 2002, Econometric Analysis of Cross Section and Panel Data (Cambridge, Massachusetts, MIT Press).