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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書目詳細資料
主要作者: Ayala Pena, Diana
其他作者: Nedeljkovic, Milan, Saborowski, Christian
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2015.
叢編:IMF Working Papers; Working Paper ; No. 2015/148
在線閱讀:Full text available on IMF