D’Argensio, John-John; Laurin, Frédéric - Center for Operations Research and Econometrics … - 2008
capitalization rate should be at least proportional to the country’s riskperception, as measured by the risk premium on the 10-year … the possible correlation between the country risk characteristics on the bond marketsand those that determine the real …, macroeconomic fundamentals aresignificant determinants of the country risk premium, especially the capacity to honor short …