Is Foreign Debt Portfolio Management Efficient in Emerging Economies? /
This paper develops a simple model of foreign debt portfolio management. The model suggests that, under mild conditions, the currency composition of a country's foreign debt portfolio is responsive to exchange rate movements. Empirical evidence is provided for a panel of 14 emerging economies i...
| Autor principal: | |
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| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2001.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2001/121 |
| Accés en línia: | Full text available on IMF |