Pension Privatization and Country Risk /

This paper explores how privatizing a pension system can affect sovereign credit risk. For this purpose, it analyzes the importance that rating agencies give to implicit pension debt (IPD) in their assessments of sovereign creditworthiness. We find that rating agencies generally do not seem to give...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Cuevas, Alfredo
مؤلفون آخرون: Gonzalez, Maria, Lombardo, Davide, Lopez-Marmolejo, Arnoldo
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2008.
سلاسل:IMF Working Papers; Working Paper ; No. 2008/195
الوصول للمادة أونلاين:Full text available on IMF