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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Kodres, Laura
مؤلفون آخرون: Hartelius, Kristian, Kashiwase, Kenichiro
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2008.
سلاسل:IMF Working Papers; Working Paper ; No. 2008/010
الوصول للمادة أونلاين:Full text available on IMF