Dreher, Axel (contributor); Walter, Stefanie (contributor) - 2008
whether countries with previous IMF intervention are more likely to experience currency crises. In a second step, we analyze …Using panel data for 68 countries over the period 1975-2002 this paper examines how IMF programs, disbursed loans, and … the IMF's impact on a country's decision to adjust the exchange rate, once a crisis occurred. We find that IMF involvement …