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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Kochanova, Anna
Outros autores: Caceres, Carlos
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/116
Acceso en liña:Full text available on IMF