Número:
709
Publicado:
Clasificación JEL:
F34, G15, F37
Palabras clave:
Sovereign Default Risk, Term Structure, Emerging Markets
Lo más reciente
Jhorland Ayala-García, Karelys Guzmán-Finol
Carlos Alberto Arango-Arango, Yanneth Rocío Betancourt-García
Francisco Javier Lasso-Valderrama, Carmiña Ofelia Vargas-Riaño
We study the determinants of sovereign default risk in Colombia by focusing on different time spans of risk which are indicated by yield spreads of government bonds with different maturities. Cointegration regressions are performed to analyze whether the