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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Dettagli Bibliografici
Autore principale: Yue, Zhanwei
Altri autori: Jahjah, Samir
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2004.
Serie:IMF Working Papers; Working Paper ; No. 2004/210
Accesso online:Full text available on IMF