What Slice of the Pie? : The Corporate Bond Market Boom in Emerging Economies /

This paper studies the determinants of shifts in debt composition among EM non-financial corporates. We show that institutions and macro fundamentals create an enabling environment for bond market development. During the recent boom episode, however, global cyclical factors accounted for most of the...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Ayala Pena, Diana
Awduron Eraill: Nedeljkovic, Milan, Saborowski, Christian
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2015.
Cyfres:IMF Working Papers; Working Paper ; No. 2015/148
Mynediad Ar-lein:Full text available on IMF