The Colombian Sovereign Spread and its Determinants

Number: 
315
Published: 
Classification JEL: 
E52, E31
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy

The Colombian Sovereign Spread and its Determinants The Colombian Sovereign Spread and its Determinants Peter RowlandBanco de la República * Abstract The surge in Colombian sovereign international bond issues during the 1990s has created an increasing n