Emerging Market Local Currency Bond Yields and Foreign Holdings in the Post-Lehman Period : a Fortune or Misfortune? /
The paper shows that foreign holdings of local currency government bonds in emerging market countries (EMs) have reduced bond yields but have somewhat increased yield volatility in the post-Lehman period. Econometric analyses conducted from a sample of 12 EMs demonstrate that these results are robus...
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| Muut tekijät: | |
| Aineistotyyppi: | Aikakauslehti |
| Kieli: | English |
| Julkaistu: |
Washington, D.C. :
International Monetary Fund,
2014.
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| Sarja: | IMF Working Papers; Working Paper ;
No. 2014/029 |
| Linkit: | Full text available on IMF |