Determinants of Sovereign Bond Spreads in Emerging Markets : Local Fundamentals and Global Factors vs. Ever-Changing Misalignments »
Series: IMF Working Papers
Author(s): Balazs Csonto , and Iryna Ivaschenko
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 10 July 2013
Keywords: Emerging market debt, spreads, misalignment, bond, bond spreads, emerging market bond, market bond, Asset Pricing,
We analyze the relationship between global and country-specific factors and emerging market debt spreads from three different angles. First, we aim to disentangle the effect of global and country-specific developme...