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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Bibliografiske detaljer
Hovedforfatter: Escolano, Julio
Andre forfattere: Arbatli Saxegaard, Elif
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2012.
Serier:IMF Working Papers; Working Paper ; No. 2012/156
Online adgang:Full text available on IMF