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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Belhocine, Nazim
अन्य लेखक: Dell'Erba, Salvatore
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2013.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2013/093
ऑनलाइन पहुंच:Full text available on IMF