Rashid, Abdul; Ahmad, Farooq; Yasmin, Ammara - In: The Journal of Risk Finance 18 (2017) 4, pp. 368-380
Purpose This paper aims to empirically examine the long- and short-run relationship between macroeconomic indicators (exchange rates, interest rates, exports, imports, foreign reserves and the rate of inflation) and sovereign credit default swap (SCDS) spreads for Pakistan....