How Long to Read Exchange Rate Policy and Sovereign Bond Spreads in Developing Countries

By MissZhanwei Z. Yue

How Long Does it Take to Read Exchange Rate Policy and Sovereign Bond Spreads in Developing Countries?

It takes the average reader to read Exchange Rate Policy and Sovereign Bond Spreads in Developing Countries by MissZhanwei Z. Yue

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Description

We test the hypothesis of a link between exchange rate policy and sovereign bonds. We analyze the effect of exchange rate policies on supply and credit spreads of sovereign bonds issued by developing countries. An exchange rate policy is captured by the de facto exchange rate regime and the real exchange rate misalignment. The main findings are: (1) real exchange rate overvaluation significantly increases sovereign bond issue probability and raises bond spreads; (2) spreads and the likelihood of issuing bonds depend on the exchange rate regime; (3) exchange rate misalignment under a hard peg significantly increases bond spreads; (4) in time of debt crises, exchange rate policy also greatly affects the sovereign bond market, especially through exchange rate overvaluation.

How long is Exchange Rate Policy and Sovereign Bond Spreads in Developing Countries?

Exchange Rate Policy and Sovereign Bond Spreads in Developing Countries by MissZhanwei Z. Yue is 0 pages long, and a total of 0 words.

This makes it 0% the length of the average book. It also has 0% more words than the average book.

How Long Does it Take to Read Exchange Rate Policy and Sovereign Bond Spreads in Developing Countries Aloud?

The average oral reading speed is 183 words per minute. This means it takes to read Exchange Rate Policy and Sovereign Bond Spreads in Developing Countries aloud.

What Reading Level is Exchange Rate Policy and Sovereign Bond Spreads in Developing Countries?

Exchange Rate Policy and Sovereign Bond Spreads in Developing Countries is suitable for students ages 2 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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