This paper illustrates the phenomenon of overshooting yields on eurobonds issued by emerging and developing countries in the context of COVID-19. Using panel data from 48 emerging and developing countries, the results show that daily reports of confirmed cases have led to increases in yields and...

The main objective of this paper is to study the relationship between real exchange rates dynamic and debt in developing countries. Two kinds of definition of debt sustainability are used for study the impact of external debt on real exchange rates. The main surplus of this study is to introduce...

Cet article étudie les liens entre les dynamiques du taux de change réel et du surendettementdans les pays en développement (PED). Deux versions de la soutenabilité de la dette sontutilisées pour analyser l’impact d’une dette externe sur le taux de change réel d'équilibre. Ledéficit...