Sub-National Credit Risk and Sovereign Bailouts : Who Pays the Premium? /
Studies have shown that markets may underprice sub-national governments' risk on the implicit assumption that these entities would be bailed out by their central government in case of financial difficulties. However, the question of whether sovereigns pay a premium on their own borrowing as a r...
| Prif Awdur: | |
|---|---|
| Awduron Eraill: | |
| Fformat: | Cylchgrawn |
| Iaith: | English |
| Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
2014.
|
| Cyfres: | IMF Working Papers; Working Paper ;
No. 2014/020 |
| Mynediad Ar-lein: | Full text available on IMF |