The Rewards of Fiscal Consolidation : Sovereign Spreads and Confidence Effects /

This paper investigates the effects of fiscal consolidation announcements on sovereign spreads in a panel of 21 emerging market economies during 2000-18. We construct a novel dataset using a global news database to identify the precise announcement date of fiscal consolidation actions. Our results s...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: David, Antonio
Weitere Verfasser: Guajardo, Jaime, Yepez, Juan
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2019.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2019/141
Schlagworte:
Online Zugang:Full text available on IMF

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