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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Бібліографічні деталі
Автор: Ayala Pena, Diana
Інші автори: Nedeljkovic, Milan, Saborowski, Christian
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2015.
Серія:IMF Working Papers; Working Paper ; No. 2015/148
Онлайн доступ:Full text available on IMF