Country Stress Events : Does Governance Matter? /

This paper analyzes the linkages between governance quality and country stress events. It focuses on two types of events: fiscal and political stress events, for which two innovative stress indicators are introduced. The results suggest that weaker governance quality is associated with a higher inci...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Kochanova, Anna
Weitere Verfasser: Caceres, Carlos
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2012.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2012/116
Online Zugang:Full text available on IMF