Panama : Selected Issues Paper.

This paper presents empirical evidence on the effects of achieving investment grade on borrowing costs for the sovereign and the private sector. This study provides background information on sovereign credit ratings and compares Panama's key macroeconomic and institutional characteristics with...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Συγγραφή απο Οργανισμό/Αρχή: International Monetary Fund
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 2010.
Σειρά:IMF Staff Country Reports; Country Report ; No. 2010/315
Διαθέσιμο Online:Full text available on IMF
Περιγραφή
Περίληψη:This paper presents empirical evidence on the effects of achieving investment grade on borrowing costs for the sovereign and the private sector. This study provides background information on sovereign credit ratings and compares Panama's key macroeconomic and institutional characteristics with those of other emerging markets. Statistical evidence on the reduction in sovereign spreads associated with obtaining investment grade status and the impact of the sovereign's upgrade on corporate financing costs were also discussed. The model is estimated using a variety of panel regression techniques.
Περιγραφή τεκμηρίου:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Φυσική περιγραφή:1 online resource (30 pages)
Μορφή:Mode of access: Internet
ISSN:1934-7685
Πρόσβαση:Electronic access restricted to authorized BRAC University faculty, staff and students