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We test the implications of Flannery's (1986) and Diamond's (1991) models concerning the effects...

It is common for IMF-supported adjustment programs with low-income member countries(LICs) to...

This paper aims to assess the economic impact of the IMF’s support through its...

Rehypothecation is the practice that allows collateral posted by, say, a hedge fund to their...

This survey reviews a number of different fundamentals-based models for estimating default...