Communication and performance in Bank-Fund joint participation

Silvia Marchesi

No 319, Working Papers from University of Milano-Bicocca, Department of Economics

Abstract: In this paper I relate Bank-Fund's performance to their willingness (or ability) to communicate. I find evidence that a Bank-Fund simultaneous loan is associated to an increase in economic growth and that such effect is diminished by factors preventing full communication, such as the degree of Bank-Fund competition and the salience of asymmetric information. Politically motivated loans seem -at least to some extent- stimulate more IMF-WB interaction which turns out to be associated to higher economic growth.

Keywords: IMF and WB conditionality; coordination; communication (search for similar items in EconPapers)
JEL-codes: D83 F33 N2 (search for similar items in EconPapers)
Pages: 19
Date: 2015-12-28, Revised 2015-12-28
References: Add references at CitEc
Citations:

Downloads: (external link)
http://repec.dems.unimib.it/repec/pdf/mibwpaper319.pdf (application/pdf)

Related works:
Journal Article: Communication and performance in Bank–Fund joint participation (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mib:wpaper:319

Access Statistics for this paper

More papers in Working Papers from University of Milano-Bicocca, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Matteo Pelagatti ().