Who Dares, Wins : Labor Market Reforms and Sovereign Yields /

The paper shows that investors value the adoption of structural reforms by lending at lower cost. The reform-induced reduction of long-term yields is bigger when reforms are initiated in good times and in countries facing high borrowing costs. Importantly, there is no statistical evidence that marke...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Ebeke, Christian
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2017.
سلاسل:IMF Working Papers; Working Paper ; No. 2017/141
الوصول للمادة أونلاين:Full text available on IMF