Determinants of Spread and Creditworthiness for Emerging Market Sovereign Debt: A Panel Data Study

Borradores de Economia
Número: 
295
Publicado: 
Clasificación JEL: 
C33, F21, F34
Palabras clave: 
Creditworthiness, OLS regression, PIB, Per capita

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This study uses a panel-data framework to identify the determinants of the spread over US Treasuries of emerging market sovereign issues as well as of the creditworthiness of the issuers, where the latter is represented by the Institutional Investor’s cre