Search Results - subject:"Original sin"

Original sin : fiscal rules and government debt in foreign currency in developing countries

Apeti, Ablam Estel; Bambe, Bao-We-Wal; Combes, Jean-Louis; … - In: Journal of macroeconomics 80 (2024), pp. 1-22

Persistent link: https://www.econbiz.de/10014558719

Original sin and the CFA Franc: A case study of the West African Economic and Monetary Union

Peist, Moritz Manuel - 2023

This paper investigates Original Sin in the West African Economic and Monetary Union in the framework of regional … Original Sin. The paper first substantiates the existence of Original Sin in West Africa. It then examines the influence of … economic, fiscal, and monetary factors on the time variance of Original Sin in the region using a Tobit model. The results …

Persistent link: https://www.econbiz.de/10014282673

Original sin and South-South cooperation: Insights for the Mercosur from the experience of the Asian Bond Market Initiative

Fernández Tucci, Candelaria - 2023

'original sin' and reduce macroeconomic vulnerability and financial instability. Following the financial crises of the late 1990 … reduce countries' exposure to currency and maturity mismatch. However, the persistence of the original sin phenomenon and the …

Persistent link: https://www.econbiz.de/10014293747

The green sin: How exchange rate volatility and financial openness affect green premia

Moro, Alessandro; Zaghini, Andrea - 2023

We propose a model with mean-variance foreign investors who exhibit a convex disutility associated to brown bond holdings. The model predicts that bond green premia should be smaller in economies with a closer financial account and highly volatile exchange rates. This happens because foreign...

Persistent link: https://www.econbiz.de/10014446320