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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フォーマット: | 雑誌 |
言語: | English |
出版事項: |
Washington, D.C. :
International Monetary Fund,
2012.
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シリーズ: | IMF Working Papers; Working Paper ;
No. 2012/156 |
オンライン・アクセス: | Full text available on IMF |