Series: IMF Working Papers
Author(s): Anna Kochanova , and Carlos Caceres
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2012
Keywords: fiscal stress, probability, statistics, probabilities, descriptive statistics, Relation of Economics to Other Disciplines, Corporate Finance and Governance: Government Policy and Regulation, Law and Economics: General (including Data Sources and Description), Business Environment, Fiscal Crises
This paper analyzes the linkages between governance quality and country stress events. It focuses on two types of events: fiscal and political stress events, for which two innovative stress indicators are introduce...