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...

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Bibliografiska uppgifter
Huvudupphovsman: Keller, Sonja
Övriga upphovsmän: Mody, Ashoka
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2010.
Serie:IMF Working Papers; Working Paper ; No. 2010/026
Länkar:Full text available on IMF