Vittorio Corbo, Visit Amazon's Stanley Fischer Page, search's Adjustment Lending Revisited: Policies to Restore Growth PDF

By Vittorio Corbo, Visit Amazon's Stanley Fischer Page, search results, Learn about Author Central, Stanley Fischer, , Steven Benjamin Webb

ISBN-10: 0821320610

ISBN-13: 9780821320617

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Additional resources for Adjustment Lending Revisited: Policies to Restore Growth

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Adjustment Programs and Bank Support: Rationale and Main Results Edwards, S. 1989. " National Bureau of Economic Research (NBER) Working Paper #3138. Cambridge, Mass. Feder, Gershon. 1983. "Journal of Development Economics 12:59-74. Fischer, S. 1986. " World Bank Research Observer 1(2):163-82. 1987. " In V. Corbo, et al. ), Growth-Oriented Adjustment Programs. : Intemational Monetary Fund-World Bank. , and A. Gelb. 1990. " World Bank, Policy, Research, and External Affairs (PRE) Working Paper # 565.

1984. " In Arnold C. ), World Economic Growth. : ICS Press. Krugman, P. R. 1987. " Journal of Economic Perspectives 1(2):131-44. -. 1990. The Age of Diminished Expectations. : MIT Press. , and David Renelt. 1990. "Manuscript. WorldBank. C. , T. Scitovsky and M. Scott. 1970. Industry and 7rade in Sone Developing Countries. London: Oxford UniversityPress. Lucas, Robert. 1988. " Journal ofMonetary Economics 22:3-12. , and J. van der Gaag. 1990. " Manuscript. World Bank. C. Michaely, M. 1987. " Manuscript.

516) the country had the ratio of non-official external financing to GDP between penods one and two, NETF6. It was expected that a positive change in this variable would decrease the probability that a country would undertake an adjustment program with the World Bank. The rest of the coefficients are significant except for dummy variables D2 and D6. Table 3-7 also presents the pseudo-R2 , defined by McFadden (1974) as a measure of the goodness of fit of thteMILprobitestimation. Note: As measuredby the coefficientof the program dummy, 3,, of equation (3-2).

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