Número:
869
Publicado:
Clasificación JEL:
E43, F36, C22
Palabras clave:
Term Premium, Sovereign Risk, Latin America, Dynamic Multipliers
Lo más reciente
Lukas Delgado-Prieto, Andrea Sofía Otero-Cortés, Andrés Calderón
Julián Andrés Parra-Polanía, Carmiña Ofelia Vargas-Riaño
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