Series: IMF Working Papers
Author(s): Serkan Arslanalp , and Takahiro Tsuda
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 03 December 2012
Keywords: Portfolio Choice, Investment Decisions, government debt, central banks, central bank, external debt, Portfolio Choice and Investment Decisions, General,
Recent events have shown that sovereigns, just like banks, can be subject to runs, highlighting the importance of the investor base for their liabilities. This paper proposes a methodology for compiling internation...