The impact of fiscal policy on government bond spreads in emerging markets
Spreads on government bonds are a collective expression of differences in the level of development, risk, expected returns and other essential characteristics of states or regions the bond yields of which we wish to compare. At issue here is a collective expression of factors that work on the bond s...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Institute of Public Finance
2011-12-01
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Series: | Financial Theory and Practice |
Subjects: | |
Online Access: | http://www.ijf.hr/upload/files/file/FTP/2011/4/zigman-cota.pdf |