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...
| Auteur principal: | |
|---|---|
| Autres auteurs: | |
| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2011.
|
| Collection: | IMF Working Papers; Working Paper ;
No. 2011/044 |
| Accès en ligne: | Full text available on IMF |