Benchmark-Driven Investments in Emerging Market Bond Markets : Taking Stock /

This paper reviews the role of benchmark-driven investments in EM local bond markets. We provide an overview of how key EM bond benchmark indices are constructed, how they affect the behavior of investment funds, and what are the likely implications for capital flows and policy-making. Several metho...

Descripción completa

Detalles Bibliográficos
Autor principal: Arslanalp, Serkan
Otros Autores: Drakopoulos, Dimitris, Goel, Rohit, Koepke, Robin
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2020.
Colección:IMF Working Papers; Working Paper ; No. 2020/192
Acceso en línea:Full text available on IMF