International Pricing of Emerging Market Corporate Debt : Does the Corporate Matter? /

We examine risk spreads charged on corporate bonds placed by emerging market borrowers on international exchanges. While global developments have an important effect on spreads, changes in firm-level default risk also matter significantly in a way consistent with theory and experience in mature mark...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Keller, Sonja
Awduron Eraill: Mody, Ashoka
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2010.
Cyfres:IMF Working Papers; Working Paper ; No. 2010/026
Mynediad Ar-lein:Full text available on IMF