Pricing Sovereign Debt in Resource-Rich Economies /
How do oil price movements affect sovereign spreads in an oil-dependent economy? I develop a stochastic general equilibrium model of an economy exposed to co-moving oil price and output processes, with endogenous sovereign default risk. The model explains a large proportion of business cycle fluctua...
| Prif Awdur: | |
|---|---|
| Fformat: | Cylchgrawn |
| Iaith: | English |
| Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
2019.
|
| Cyfres: | IMF Working Papers; Working Paper ;
No. 2019/240 |
| Mynediad Ar-lein: | Full text available on IMF |