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...

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Bibliografske podrobnosti
Glavni avtor: Zettelmeyer, Jeromin
Drugi avtorji: Klingen, Christoph, Weder, Beatrice
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2004.
Serija:IMF Working Papers; Working Paper ; No. 2004/013
Online dostop:Full text available on IMF