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...
| 主要作者: | |
|---|---|
| 其他作者: | |
| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2014.
|
| 叢編: | IMF Working Papers; Working Paper ;
No. 2014/029 |
| 在線閱讀: | Full text available on IMF |