Today the major economic problem of the developing nation is the effect and volatility of debt on the real development of the economy. Debt volume continues to increase while the GDP either remain constant or increase at a reduced marginal rate. The ordinary least square regression analysis and...

The determinants of public debt dynamics - real interest rates, the real exchange rate, output growth and the primary fiscal balance - are typically more volatile in emerging market economies than in industrialised countries. Capital markets also typically demand higher interest rates from...

This paper uses synchronization indicators of domestic and foreign fundamentals to choose suitable currency allocation of public external debt. The selection of explanatory variables for exchange rate volatility is motivated using a New Keynesian Policy model that predicts that not only...

This study investigates the impact of the Greek debt negotiations, along with the increasing fears of a “Grexit”, on British pound (GBP), Euro (EUR) and Japanese Yen (JPY) currencies. Their respective implied volatility currency indices (i.e., BPVIX, EUVIX and JYVIX) were used on daily...