ListarPublicaciones e Investigación por tema "Sovereign bonds"
Mostrando ítems 1-2 de 2
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Immunity and infection : emerging and developed market sovereign spreads over the global financial crisis
(Elsevier BV, 2018-03)We compare sovereign bond spreads during the international financial crisis across groups drawn from 43 countries, including 20 emerging economies. We extend traditional factor analyses and utilize propensity score matching ... -
Positive asymmetric information in volatile environments : the black market dollar and sovereign bond yields in Venezuela
(Elsevier Inc., 2017-10)Purpose We test the informational efficiency of Venezuelan USD sovereign bond yields when the black market exchange-rate premium (BMERP) changes. Design We use a non-parametric, asymmetric, Granger causality test to ...