Sovereign Credit and Exchange Rate Risks: Evidence from Asia-Pacific Local Currency Bonds
收藏NBER2020-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w27500
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资源简介：
We study the dynamic properties of sovereign bonds in emerging markets and their associated risk premiums. We focus on the properties of credit spreads, exchange rates, and their interaction. Relying on the term structure of local currency bonds issued by Asia-Pacific sovereigns, we find that local
提供机构：
美国国家经济研究局
创建时间：
2020-07-01
