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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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2013.
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| Colecção: | IMF Working Papers; Working Paper ;
No. 2013/093 |
| Acesso em linha: | Full text available on IMF |