Hale, Galina; Spiegel, Mark M; Jones, Peter - Federal Reserve Bank of San Francisco - 2014
Using a large sample of private international bond issues, we document a substantial decline in the share of … increases in home currency foreign bond issuance was larger in countries with stable inflation and lower government debt, and in … financial crisis could have a persistent impact on home currency bond issuance. Firms that issue for the first time in their …
