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Tekijä: | Arora, V. Cerisola, M. |
Otsikko: | How does U.S. monetary policy influence sovereign spreads in emerging markets? |
Lehti: | IMF Staff papers
2001 : VOL. 48:3, p. 474-498 |
Asiasana: | Monetary policy USA Emerging markets Bond markets Government bonds |
Kieli: | eng |
Tiivistelmä: | The paper quantifies the impact of changes in U. S. monetary policy on sovereign bond spreads in emerging market countries. It explores how country risk, as proxied by sovereign bond spreads, is influenced by U. S. monetary policy, country-specific fundamentals, and conditions in global capital markets. |
SCIMA