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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Main Authors: | , |
Format: | Electronic eBook |
Language: | English |
Published: |
[Washington, D.C.] :
International Monetary Fund,
2012
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Series: | IMF working paper ;
WP/12/156. |
Subjects: | |
Local Note: | ProQuest Ebook Central |