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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Detalhes bibliográficos
Autor principal: Yue, Zhanwei
Outros Autores: Jahjah, Samir
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2004.
Colecção:IMF Working Papers; Working Paper ; No. 2004/210
Acesso em linha:Full text available on IMF