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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Belhocine, Nazim
Rannpháirtithe: Dell'Erba, Salvatore
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2013.
Sraith:IMF Working Papers; Working Paper ; No. 2013/093
Rochtain ar líne:Full text available on IMF