Series: IMF Working Papers
Author(s): Chiara Broccolini , Giulia Lotti , Alessandro Maffioli , Andrea Presbitero , and Rodolfo Stucchi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 February 2019
Keywords: Official development assistance, International bond markets, Sovereign credit ratings, International financial markets, Poverty reduction and development, Multilateral Development Banks;Private Capital Flows;Mobilization Effects;Catalytic Finance;Syndicated loans;syndicated loan;MDB;outcome variable;mobilization;bond issuance
We use 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), controlling for a large se...