Results 151 to 160 of about 138,564 (357)
Impact of Sovereign Debt Maturity on Fiscal Sustainability
ABSTRACT This study is the first to investigate the impact of the term structure of public debt on fiscal sustainability. We adopt the widely used backward‐looking measure of fiscal sustainability—fiscal responsiveness as proposed by Bohn. Using data from De Graeve and Mazzolini and focusing on a sample of 19 most developed countries, we demonstrate ...
António Afonso +3 more
wiley +1 more source
Many argue that improvements in monetary policy frameworks in emerging market economies over the past few decades, have made them more resilient to external shocks. This paper exploits the May 2013 taper tantrum in the United States to study the reaction
Caselli Francesca G., +3 more
core
How Is FinTech Shaping Household Portfolio Behaviour?
ABSTRACT This paper examines how FinTech adoption influences household portfolio allocation across major advanced economies. Using a flow‐of‐funds framework and the Almost Ideal Demand System (AIDS), we model household demand for currency, deposits, loans, debt securities, and equity in the United States, United Kingdom, Euro Area, Japan and Australia.
Victor Murinde, Athina Petropoulou
wiley +1 more source
Simplification of IMF lendings
Artículo de ...
Casas Pérez de Orueta, Miguel de las +1 more
openaire +1 more source
Do loans harm? The Effect of IMF Programs on Inequality [PDF]
IMF programs consist of granting loans, and of conditionality that countries have to follow in order to qualify for them. The paper uses a pooled time-series cross section analysis, covering 98 countries over the period 1970-2000 in order to find out ...
Brigitte Unger, Niels Gilbert
core
Adoption of an IMF programme and debt rescheduling: an empirical analysis [PDF]
The existence of an empirical relationship between the adoption of an IMF programme and the concession of a debt rescheduling by commercial and official creditors is tested using a bivariate probit model.
Silvia Marchesi, Marchesi, Silvia
core
Exchange Rates and Sovereign Risk: A Nonlinear Approach Based on Local Gaussian Correlations
ABSTRACT We empirically assess the interlinkages between sovereign risk, measured in terms of CDS spreads, and exchange rates for a sample of emerging markets. Our period of analysis includes episodes of severe stress, such as the Global Financial Crisis, the COVID‐19 pandemic, and the Ukrainian War.
Reinhold Heinlein +2 more
wiley +1 more source
IMF Credit: How Important Are Political Factors? A Robustness Analysis [PDF]
We test whether, in addition to economic conditions, IMF credit is influenced by political factors. On the basis of a panel model for 128 countries over the period 1972-1998, we find that debt service scaled to exports, international reserve holdings ...
Helge Berger +2 more
core
Abstract This paper examines the link between climate risk, energy consumption, and financial market performance in a sample of emerging countries over the period 2000–2024. The objective is to model the dynamic interactions between these three dimensions, in order to understand the extent to which energy dependence and exposure to climate risks ...
Abdelkader Mohamed Derbali
wiley +1 more source
New Development Bank and IMF: Bangladesh's Strategic Choices in Facing Economic Crisis
This study explores the underlying reasons behind Bangladesh’s preference for cooperating with the New Development Bank (NDB) over the International Monetary Fund (IMF) in addressing its national economic crisis. Using a qualitative-descriptive
Destha Ravalino, Seftina Kuswardini
doaj +1 more source

