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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Ebeke, Christian
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2017.
Sraith:IMF Working Papers; Working Paper ; No. 2017/141
Rochtain ar líne:Full text available on IMF