Investor Sentiment, Sovereign Debt Mispricing, and Economic Outcomes /
We find that countries which are able to borrow at spreads that seem low given fundamentals (for example because investors take a bullish view on a country's future), are more likely to develop economic difficulties later on. We obtain this result through a two-stage procedure, where a first re...
প্রধান লেখক: | |
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অন্যান্য লেখক: | |
বিন্যাস: | পত্রিকা |
ভাষা: | English |
প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2020.
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মালা: | IMF Working Papers; Working Paper ;
No. 2020/166 |
অনলাইন ব্যবহার করুন: | Full text available on IMF |