The Macroeconomic Effects of ESAF-Supported Programs: Revisiting Some Methodological Issues
This paper examines whether ESAF-supported programs during 1986-91 had significant independent effects on growth, inflation and the external debt service ratio. Econometric estimates of the Generalized Evaluation Estimator (GEE) identify statistically significant beneficial effects on output growth...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
1995
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 95/92 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper examines whether ESAF-supported programs during 1986-91 had significant independent effects on growth, inflation and the external debt service ratio. Econometric estimates of the Generalized Evaluation Estimator (GEE) identify statistically significant beneficial effects on output growth and the debt service ratio but no effects on inflation. The robustness of these estimates is also examined. Diagnostic tests cast doubt on the applicability of the GEE framework to the ESAF-eligible countries, and the results obtained using it |
| Beschreibung: | 1 Online-Ressource (42 p) |
| ISBN: | 1451951485 9781451951486 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:16Z |
| indexdate | 2024-07-10T09:35:24Z |
| institution | BVB |
| isbn | 1451951485 9781451951486 |
| language | English |
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| publishDate | 1995 |
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| spelling | Schadler, Susan Verfasser aut The Macroeconomic Effects of ESAF-Supported Programs Revisiting Some Methodological Issues Schadler, Susan Washington, D.C International Monetary Fund 1995 1 Online-Ressource (42 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 95/92 This paper examines whether ESAF-supported programs during 1986-91 had significant independent effects on growth, inflation and the external debt service ratio. Econometric estimates of the Generalized Evaluation Estimator (GEE) identify statistically significant beneficial effects on output growth and the debt service ratio but no effects on inflation. The robustness of these estimates is also examined. Diagnostic tests cast doubt on the applicability of the GEE framework to the ESAF-eligible countries, and the results obtained using it Online-Ausg Dicks-Mireaux, Louis Sonstige oth Mecagni, Mauro Sonstige oth http://elibrary.imf.org/view/IMF001/07147-9781451951486/07147-9781451951486/07147-9781451951486.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Schadler, Susan The Macroeconomic Effects of ESAF-Supported Programs Revisiting Some Methodological Issues |
| title | The Macroeconomic Effects of ESAF-Supported Programs Revisiting Some Methodological Issues |
| title_auth | The Macroeconomic Effects of ESAF-Supported Programs Revisiting Some Methodological Issues |
| title_exact_search | The Macroeconomic Effects of ESAF-Supported Programs Revisiting Some Methodological Issues |
| title_exact_search_txtP | The Macroeconomic Effects of ESAF-Supported Programs Revisiting Some Methodological Issues |
| title_full | The Macroeconomic Effects of ESAF-Supported Programs Revisiting Some Methodological Issues Schadler, Susan |
| title_fullStr | The Macroeconomic Effects of ESAF-Supported Programs Revisiting Some Methodological Issues Schadler, Susan |
| title_full_unstemmed | The Macroeconomic Effects of ESAF-Supported Programs Revisiting Some Methodological Issues Schadler, Susan |
| title_short | The Macroeconomic Effects of ESAF-Supported Programs |
| title_sort | the macroeconomic effects of esaf supported programs revisiting some methodological issues |
| title_sub | Revisiting Some Methodological Issues |
| url | http://elibrary.imf.org/view/IMF001/07147-9781451951486/07147-9781451951486/07147-9781451951486.xml |
| work_keys_str_mv | AT schadlersusan themacroeconomiceffectsofesafsupportedprogramsrevisitingsomemethodologicalissues AT dicksmireauxlouis themacroeconomiceffectsofesafsupportedprogramsrevisitingsomemethodologicalissues AT mecagnimauro themacroeconomiceffectsofesafsupportedprogramsrevisitingsomemethodologicalissues |