SRC-080
Rachel Glennerster and Yongseok Shin, Does Transparency Pay?, IMF Staff Papers Vol. 55 No. 1, 2008, pp. 183-209
مضمون هذا الصفّ بلغته الأصلية؛ وأسماء الحقول وشروحها بالعربية.
- المعرّف
- الوثيقة
- Rachel Glennerster and Yongseok Shin, Does Transparency Pay?, IMF Staff Papers Vol. 55 No. 1, 2008, pp. 183-209
- أين توجد
- محفوظة في أرشيف المؤلف; https://www.elibrary.imf.org/view/journals/024/2008/003/article-A006-en.xml
- نوع الوثيقة
- Peer-reviewed journal article
- درجة الدليل
- 1(وثيقة أصلية محفوظة بأصلها، أو أصل موثَّق)
- تاريخ النشر
- 2008
- أول مرة فتحها المؤلف
- 2026-08-15
- سجل الاسترجاع
- Retrieved and archived to أرشيف المؤلف on 15 August 2026 under the D-046 Chapter 3 retrieval gate. أرشيف المؤلف is not committed. ROUTE RECORD: the eLibrary issue numbering does not track the journal's, so 2008/001 is Volume 55 No. 4. The 2008 issue indexes were read in turn until Volume 55 No. 1 was found at 2008/003, and the article link was taken from that index rather than constructed.
قيد لاحق: HELD. Retrieved 1 September 2026 by plain HTTP GET with a browser User-Agent, HTTP 200, 1028460 bytes, SHA-256 ac7ae160fa96ccf4..., at محفوظة في أرشيف المؤلف. The capture terminates correctly. THIS ROW PREVIOUSLY CARRIED AN ADDRESS AND NO HELD FILE, so anything it recorded as read could not be checked by anyone; it can now. - ما يعتمد عليه الكتاب فيها
- CH3 econometric limb, issue 59
- إلى أي حد قُرئت
- READ(فُتحت وقُرئت)
سجلّ التعديلات
يبقى السجل يتغيّر بعد أن يثبت الكتاب في الطباعة. وكل قيد أدناه أُضيف إلى هذا الصفّ بالترتيب المبيَّن، الأقدم أولاً.
- VERBATIM: 'We find that countries experience a statistically significant decline in borrowing costs (11 percent reduction in credit spreads on average) when they choose to become more transparent. The magnitude of the decline is INVERSELY RELATED to the initial level of transparency and the size of the debt market.' And: 'From quarterly sovereign credit spread data covering 23 emerging market economies, we find that, when countries choose to publish Article IV reports and ROSCs, and commit to the SDDS, their credit spreads fall by 11 percent on average.' 322 observations. The estimates are instrumented on the Fund's pre-existing internal timetable for country reports, which the authors use as exogenous variation to address endogeneity. THE INVERSE RELATION TO DEBT-MARKET SIZE MATTERS FOR SYRIA and cuts against applying the estimate to it: Syria has no bond market at all, so it is outside the sample's support rather than at one end of it.