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...

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Xehetasun bibliografikoak
Egile nagusia: Belhocine, Nazim
Beste egile batzuk: Dell'Erba, Salvatore
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2013.
Saila:IMF Working Papers; Working Paper ; No. 2013/093
Sarrera elektronikoa:Full text available on IMF