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...
主要作者: | |
---|---|
其他作者: | , |
格式: | 雜誌 |
語言: | English |
出版: |
Washington, D.C. :
International Monetary Fund,
2008.
|
叢編: | IMF Working Papers; Working Paper ;
No. 2008/010 |
在線閱讀: | Full text available on IMF |