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Les marchés financiers sont-ils politiquement corrects ?

Author

Listed:
  • Sebastián Nieto Parra

    (OCDE)

  • Javier Santiso

    (OCDE)

Abstract

Les recommandations des banques d’investissement concernant les emprunts publics des pays émergents tendent à devenir particulièrement défavorables à l’approche d’une élection. Cette aversion est en fait davantage liée à l’incertitude que génère l’évènement qu’à la nature même de celui-ci. En particulier, les programmes déclarés par les candidats, notamment en matière monétaire et budgétaire, sont cruciaux pour la stabilité des recommandations des banques pendant les périodes électorales.

Suggested Citation

  • Sebastián Nieto Parra & Javier Santiso, 2008. "Les marchés financiers sont-ils politiquement corrects ?," Centre de développement de l'OCDE - Repères 76, OECD Publishing.
  • Handle: RePEc:oec:devaae:76-fr
    DOI: 10.1787/228443101388
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