Amvik eBook Solutions

March 1998 Macroeconomic variables matter and so does liquidity. External shocks (international interest rates) appear not to matter. In the 1990s international

We analyze the relationship between global and country-specific factors and emerging market debt spreads from three different angles. First, we aim to disentang

This paper analyses the determimants of emerging market sovereign bond spreads by examining the short and long-run effects of fundamental (macroeconomic) and te

Macroeconomic variables matter and so does liquidity. External shocks (international interest rates) appear not to matter.In the 1990s international bond issues