The Impact of Debt Sustainability and the Level of Debt on Emerging Markets Spreads /

How do financial markets respond to concerns over debt sustainability and the level of public debt in emerging markets? We introduce a measure of debt sustainability - the difference between the debt stabilizing primary balance and the primary balance-in an otherwise standard spread regression model...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Belhocine, Nazim
مؤلفون آخرون: Dell'Erba, Salvatore
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2013.
سلاسل:IMF Working Papers; Working Paper ; No. 2013/093
الوصول للمادة أونلاين:Full text available on IMF