How Private Creditors Fared in Emerging Debt Markets, 1970-2000 /

We estimate ex post returns to emerging market debt by combining secondary-market prices with observed flows based on World Bank data. From 1970-2000, returns averaged 9 percent per annum, about the same as returns on a ten-year U.S. treasury bond. This reflects the combined effect of the 1980s debt...

詳細記述

書誌詳細
第一著者: Zettelmeyer, Jeromin
その他の著者: Klingen, Christoph, Weder, Beatrice
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2004.
シリーズ:IMF Working Papers; Working Paper ; No. 2004/013
オンライン・アクセス:Full text available on IMF