Sovereign Borrowing Cost and the IMF’s Data Standards Initiatives / / John Cady, Anthony Pellechio
(Visualizza in formato marc)
(Visualizza in BIBFRAME)
| Autore: |
Cady John
|
| Titolo: |
Sovereign Borrowing Cost and the IMF’s Data Standards Initiatives / / John Cady, Anthony Pellechio
|
| Pubblicazione: | Washington, D.C. : , : International Monetary Fund, , 2006 |
| Edizione: | 1st ed. |
| Descrizione fisica: | 1 online resource (26 p.) |
| Soggetto topico: | Capital market |
| Debts, Public | |
| Disclosure of information | |
| Economic indicators - Standards | |
| Finance - Standards | |
| Computer Programs: Other | |
| Credit ratings | |
| Data Access | |
| Data capture & analysis | |
| Data Collection and Data Estimation Methodology | |
| Data dissemination | |
| Data Transmission Systems | |
| Data transmission systems | |
| Econometrics & economic statistics | |
| Finance | |
| Financial statistics | |
| Methodology for Collecting, Estimating, and Organizing Macroeconomic Data | |
| Monetary economics | |
| Monetary Policy, Central Banking, and the Supply of Money and Credit: General | |
| Money and Monetary Policy | |
| Special Data Dissemination Standard (SDDS) | |
| Statistics | |
| Soggetto geografico: | Costa Rica |
| Altri autori: |
PellechioAnthony
|
| Note generali: | "March 2006." |
| Nota di bibliografia: | Includes bibliographical references: (p. 23-24). |
| Nota di contenuto: | ""Contents""; ""I. INTRODUCTION""; ""II. BACKGROUND""; ""III. DATA AND EMPIRICAL APPROACH""; ""A. Sovereign Borrowing Cost Model""; ""B. Launch Spreads""; ""C. Launch Yields""; ""IV. CONCLUSIONS""; ""APPENDIX I. MAIN DATA SOURCES AND DESCRIPTION""; ""REFERENCES"" |
| Sommario/riassunto: | The effects of the IMF's data standards initiatives on sovereign borrowing costs in private capital markets are investigated for 26 emerging market and developing countries. Stable and significant panel econometric estimates indicate that subscription to the Special Data Dissemination Standard (SDDS) reduces launch spreads by an average of 20 percent while participation in the General Data Dissemination System (GDDS) reduces spreads for those countries with access to capital markets by an average of 8 percent. These estimates correspond to discounts of some 50 and 20 basis points, respectively. Evidence of similar discounts is also found when launch yields are analyzed. |
| Titolo autorizzato: | Sovereign Borrowing Cost and the IMF’s Data Standards Initiatives |
| ISBN: | 9786613823779 |
| 9781462327614 | |
| 1462327613 | |
| 9781452774367 | |
| 1452774366 | |
| 9781283511322 | |
| 1283511320 | |
| 9781451908732 | |
| 1451908733 | |
| Formato: | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910967321103321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |
Serie:
IMF Working Papers; Working Paper ; ; No. 2006/078