Balance Sheet Effects, External Volatility and Emerging Market Spreads

This paper studies the determinants of emerging market spreads, and thus of the cost of borrowing for emerging market sovereigns, using recent data from JP Morgan's EMBI+ index for a panel of 19 countries. Controlling for traditional spread determinants, we focus on three additional factors who...

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Detalles Bibliográficos
Autor Principal: Malone, S.
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: 2020
Acceso en línea: