Article ID Journal Published Year Pages File Type
963131 Journal of International Economics 2012 11 Pages PDF
Abstract
► Syndicated loan yields are higher in countries with high public external debt. ► The positive correlation is larger when creditors are less protected. ► The correlation is larger in countries with past sovereign defaults. ► Domestic public debt is not significantly associated with loan yield spreads.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Sovereign debt and corporate borrowing costs in emerging markets
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