Emerging Market Spread Compression : Is it Real or is it Liquidity? /
Despite recent turmoil, spreads on emerging market countries' sovereign bonds have fallen dramatically since mid-2002. Some have attributed the fall to improved economic fundamentals while others to ample global liquidity. The paper models spreads and attempts to empirically distinguish between...
Egile nagusia: | |
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Beste egile batzuk: | , |
Formatua: | Aldizkaria |
Hizkuntza: | English |
Argitaratua: |
Washington, D.C. :
International Monetary Fund,
2008.
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Saila: | IMF Working Papers; Working Paper ;
No. 2008/010 |
Sarrera elektronikoa: | Full text available on IMF |