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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Kodres, Laura
Muut tekijät: Hartelius, Kristian, Kashiwase, Kenichiro
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2008.
Sarja:IMF Working Papers; Working Paper ; No. 2008/010
Linkit:Full text available on IMF