The price of democracy: sovereign risk ratings, bond spreads and political business cycles in developing countries
- 6 July 2004
- journal article
- Published by Elsevier in Journal of International Money and Finance
- Vol. 23 (6) , 917-946
- https://doi.org/10.1016/j.jimonfin.2004.05.001
Abstract
No abstract availableKeywords
All Related Versions
This publication has 41 references indexed in Scilit:
- Emerging Market Instability: Do Sovereign Ratings Affect Country Risk and Stock Returns?The World Bank Economic Review, 2002
- The Credit Rating Industry: An Industrial Organization AnalysisSSRN Electronic Journal, 2001
- INFLATION AND ELECTIONS: THEORY AND EVIDENCE FOR SIX OECD ECONOMIESEconomic Inquiry, 1999
- Political Business Cycles and Fiscal Policies in Developing CountriesKyklos, 1996
- Political Parties and the Variable Duration of Business CyclesSouthern Economic Journal, 1994
- The Political Economy of Inflation and Stabilization in Developing CountriesEconomic Development and Cultural Change, 1994
- Electoral Cycles and Budgetary Growth in Veterans' Benefit ProgramsAmerican Journal of Political Science, 1989
- Macroeconomic Policy in a Two-Party System as a Repeated GameThe Quarterly Journal of Economics, 1987
- Is There an Electional Cycle? A Comparative Study of National AccountsThe Scandinavian Journal of Economics, 1979
- THE YEARS OF PLENTY AND THE YEARS OF FAMINE?A POLITICAL BUSINESS CYCLE?Kyklos, 1975