Government Bonds in Domestic and Foreign Currency : The Role of Institutional and Macroeconomic Factors
In contrast to some recent research, this paper finds that institutional and macroeconomic factors are related to the depth and currency composition of government bond markets. Using panel data for developed and emerging economies, we find several factors to be systematically associated with bond ma...
Main Authors: | , , |
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Format: | Journal Article |
Language: | en_US |
Published: |
Wiley
2013
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Subjects: | |
Online Access: | http://hdl.handle.net/10986/16215 |