Is it (Still) Mostly Fiscal? : Determinants of Sovereign Spreads in Emerging Markets /

Using a panel of 30 emerging market economies from 1997 to 2007, this paper investigates the determinants of country risk premiums as measured by sovereign bond spreads. Unlike previous studies, the results indicate that both fiscal and political factors matter for credit risk in emerging markets. L...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Gupta, Sanjeev
مؤلفون آخرون: Baldacci, Emanuele, Mati, Amine
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2008.
سلاسل:IMF Working Papers; Working Paper ; No. 2008/259
الوصول للمادة أونلاين:Full text available on IMF