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Evaluation of IMF programmes on employment in the EU

Ohanyan, Gurgen and Androniceanu, Armenia (2017) Evaluation of IMF programmes on employment in the EU. Acta Oeconomica, 67 (3). pp. 311-332. ISSN 0001-6373

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Abstract

The International Monetary Fund (IMF) has undergone notable changes by starting collaboration with the European Union (EU). Hence, this paper seeks to estimate the effects of IMF programmes on employment, with data from the EU-28 between 1993 and 2013. In order to control for selection on observable and unobservable variables, the study employs Propensity Score Matching in combination with the Differences-in-Difference estimator. Next, the robustness of the findings is checked by applying four different matching algorithms. Our paper concludes that employment decreases once a country resorts to the IMF, and this impact is still measurable after two years of programme initiation.

Item Type: Article
Subjects: H Social Sciences / társadalomtudományok > H Social Sciences (General) / társadalomtudomány általában
Depositing User: Ágnes Sallai
Date Deposited: 09 Nov 2017 12:49
Last Modified: 30 Sep 2019 23:15
URI: http://real.mtak.hu/id/eprint/67356

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