Sovereign Credit Ratings and Spreads in Emerging Markets : Does Investment Grade Matter? /
Sovereign investment grade status is often associated with lower spreads in international markets. Using a panel framework for 35 emerging markets between 1997 and 2010, thispaper finds that investment grade status reduces spreads by 36 percent, above and beyond what is implied by macroeconomic fund...
المؤلف الرئيسي: | |
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مؤلفون آخرون: | |
التنسيق: | دورية |
اللغة: | English |
منشور في: |
Washington, D.C. :
International Monetary Fund,
2011.
|
سلاسل: | IMF Working Papers; Working Paper ;
No. 2011/044 |
الوصول للمادة أونلاين: | Full text available on IMF |