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...

Повний опис

Бібліографічні деталі
Автор: Escolano, Julio
Інші автори: Arbatli Saxegaard, Elif
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2012.
Серія:IMF Working Papers; Working Paper ; No. 2012/156
Онлайн доступ:Full text available on IMF