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...
| מחבר ראשי: | |
|---|---|
| פורמט: | כתב-עת |
| שפה: | English |
| יצא לאור: |
Washington, D.C. :
International Monetary Fund,
2017.
|
| סדרה: | IMF Working Papers; Working Paper ;
No. 2017/141 |
| גישה מקוונת: | Full text available on IMF |