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...

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Xehetasun bibliografikoak
Egile nagusia: Ayala Pena, Diana
Beste egile batzuk: Nedeljkovic, Milan, Saborowski, Christian
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2015.
Saila:IMF Working Papers; Working Paper ; No. 2015/148
Sarrera elektronikoa:Full text available on IMF