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...

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Bibliografski detalji
Glavni autor: Arslanalp, Serkan
Daljnji autori: Drakopoulos, Dimitris, Goel, Rohit, Koepke, Robin
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2020.
Serija:IMF Working Papers; Working Paper ; No. 2020/192
Online pristup:Full text available on IMF