Rocha, Katia; Siqueira, Roberto; Pinheiro, Felipe - Instituto de Pesquisa Econômica Aplicada (IPEA), … - 2006
The study analyses the determinants of 24 emerging markets spreads at the period of 1998-2005, through a panel data model determining which sovereigns are more vulnerable to an external shock of liquidity and risk. Nevertheless the usual variables related to shocks, such as the US treasury and...