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What Slice of the Pie? The Corporate Bond Market Boom in Emerging Economies.

This paper studies the determinants of shifts in debt composition among EM non-financial corporates. We show that institutions and macro fundamentals create an enabling environment for bond market development. During the recent boom episode, however, global cyclical factors accounted for most of the...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Pena, Diana Ayala
Formato: Electrónico eBook
Idioma:Inglés
Publicado: International Monetary Fund, 2015-07-01 00:00:00.0.
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