A Cure Worse Than the Disease? Currency Crises and the Output Costs of IMF-Supported Stabilization Programs
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This paper investigates the output effects of IMF-supported stabilization programs, especially those introduced at the time of a severe balance of payments/currency crisis. Using a panel data set over the 1975-97 period and covering 67 developing and emerging-market economies (with 461 IMF
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美国国家经济研究局创建时间:
2001-05-01



