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: | Claessens, Stijn, Klingebiel, Daniela, Schmukler, Sergio L. |
---|---|
Format: | Journal Article |
Language: | en_US |
Published: |
Wiley
2013
|
Subjects: | |
Online Access: | http://hdl.handle.net/10986/16215 |
Similar Items
-
Government Bonds in Domestic and Foreign Currency : The Role of Macroeconomic and Institutional Factors
by: Claessens, Stijn, et al.
Published: (2014) -
Why Are More Sovereigns Issuing in Euros? : Choosing between USD and EUR-Denominated Bonds
by: Velandia, Antonio, et al.
Published: (2018) -
Foreign Investment in Local Currency Bonds : Considerations for Emerging Market Public Debt Managers
by: Sienaert, Alex
Published: (2013) -
How to Attract Non-Resident Investors to Local Currency Bonds : The Cases of Ukraine, Panama, Colombia, and Brazil
by: Velandia, Antonio, et al.
Published: (2021) -
Choosing the Currency Structure for Sovereign Debt : A Review of Current Approaches
by: Melecky, Martin
Published: (2012)