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...
Päätekijä: | |
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Muut tekijät: | , |
Aineistotyyppi: | Aikakauslehti |
Kieli: | English |
Julkaistu: |
Washington, D.C. :
International Monetary Fund,
2008.
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Sarja: | IMF Working Papers; Working Paper ;
No. 2008/010 |
Linkit: | Full text available on IMF |