Home > Assuntos Econômicos > Sub-National Credit (Jenkner & Zhongjin)

Sub-National Credit (Jenkner & Zhongjin)

Sub-national credit risk and sovereign bailouts: who pays the premium? by Eva Jenkner and Lu Zhongjin published  by IMF, indicated by Alvaro Manoel (1/2014). “Studies have shown that markets may underprice sub-national governments’ risk on the implicit assumption that these entities would be bailed out by their central government in case of financial difficulties…”

Verificar em: 

Postagens Relacionadas