Barbone, Luca; Forni, Lorenzo - In: International Journal of Finance & Economics 6 (2001) 2, pp. 115-26
This paper analyzes some aspects of the workings of the Brady bond (restructured Less Developed Countries debt) market. It concentrates on the effects of the December 1994 Mexican crisis on the risk assessment (as measured by the stripped spread) of Poland, another Brady country. The main...