This study uses loan-level data on syndicated lending to a large sample of developing countries between 1993 and 2017 to estimate the mobilization effects of multilateral development banks (MDBs), that is, their ability to crowd-in capital from private creditors. Controlling for a large set of fixed effects, the paper shows evidence of positive and significant mobilization effects of multilateral lending on the size of bank inflows. The number of...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2020/02/25
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Рабочий документ в рамках исследования вопросов политики
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WPS9163
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1
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1
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2020/02/25
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Disclosed
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Mobilization Effects of Multilateral Development Banks
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syndicated loan