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International Finance Discussion Papers: Exchange Rate Policy and Sovereign Bond Spreads in Developing Countries by Samir Jahjah

International Finance Discussion Papers: Exchange Rate Policy and Sovereign Bond Spreads in Developing Countries

Samir Jahjah

40 pages paperback

15 editions

nonfiction politics
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This paper empirically analyzes how exchange rate policy affects the issuance and pricing of international bonds for developing countries. We find that countries with less flexible exchange rate regimes pay higher sovereign bond spreads and are l...

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