Exchange Rate Policy and Sovereign Bond Spreads in Developing Countries /
We test the hypothesis of a link between exchange rate policy and sovereign bonds. We analyze the effect of exchange rate policies on supply and credit spreads of sovereign bonds issued by developing countries. An exchange rate policy is captured by the de facto exchange rate regime and the real exc...
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| Médium: | Časopis |
| Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
2004.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2004/210 |
| On-line přístup: | Full text available on IMF |