The international transmission of risk : causal relations among developed and emerging countries' term premia

Borradores de Economia
Number: 
869
Published: 
Classification JEL: 
E43, F36, C22
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
Download document

The most recent

Sentiment and Uncertainty Indices from economic news in Colombia
Rocío Clara Alexandra Mora-Quiñones, Antonio José Orozco-Gallo, Dora Alicia Mora-Pérez
Mobile Wallets and other payment services: regional gaps and their adoption in Colombia
Constanza Martínez-Ventura, Ligia Alba Melo-Becerra
Payroll Subsidies for SMEs in Informal Labor Markets
Leonardo Fabio Morales, Leonardo Bonilla-Mejía, Didier Hermida-Giraldo, Francisco Javier Lasso-Valderrama, José Pulido

We study the effect of shocks to the United States government bonds term premium on Latin American government bonds term premia. For doing so, we compute dynamic multipliers. Our main findings indicate that Latin American countries' term premia respond pe