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Endowments, Fiscal Federalism, and the Cost of Capital for States: Evidence from Brazil, 1891-1930

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NBER2009-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w15411
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In the last few years there has been an explosion in the number of papers that aim to explain what determines country risk (defined as the difference between the yield of a sovereign's bonds and the risk free rate). In this paper, we contribute to the discussion using by showing that Brazilian
提供机构:
美国国家经济研究局
创建时间:
2009-10-01
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