Fiscal transparency, fiscal performance and credit ratings /

This paper investigates the effect of fiscal transparency on market assessments of sovereign risk, as measured by credit ratings. It measures this effect through a direct channel (uncertainty reduction) and an indirect channel (better fiscal policies and outcomes), and it differentiates between adva...

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Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Authors: Arbatli, Elif (Author), Escolano, Julio (Author)
Format: Electronic eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, 2012
Series:IMF working paper ; WP/12/156.
Subjects:
Local Note:ProQuest Ebook Central