Similar Search Results

The Impact of the Financial Crisis on Emerging Asia

Goldstein, Morris - 2011

on currency and maturity mismatches, the nature of the region's foreign trade links (product composition, the geographic …

Persistent link: https://www.econbiz.de/10013134232

Local Currency Bond Returns in Emerging Market Economies and the Role of Foreign Investors

So, Inhwan - 2019

the framework proposed by So et al (2019), which incorporates the risk that arises from the portfolio performance and … funds receive risk premia as compensations for active fund risk. Furthermore, and in line with theory, the price of this … risk increases when bond funds experience outflows and the exposure to active funds risk increases with the heightened …

Persistent link: https://www.econbiz.de/10012870061

Corporate Failures and the Denomination of Corporate Bonds : Evidence from Emerging Asian Economies Over Two Financial Crises

Spaliara, Marina‐Eliza - 2015

Using a novel financial data-set which covers an extensive time period between 1995-2012, we test for the impact of currency denomination of bonds on Asian firms' survival probabilities. Our data span two financial crises: the 1997-98 Asian crisis and the 2007-09 global financial crisis. We find...

Persistent link: https://www.econbiz.de/10013014405

Lessons Unlearned? Corporate Debt in Emerging Markets

Alfaro, Laura - 2017

indicators. More countries are also in the Altman Z-score's “grey zone”, that is, at risk for corporate distress. Regression …

Persistent link: https://www.econbiz.de/10012956862

Local Currency Bond Returns in Emerging Economies and the Role of Foreign Investors

So, Inhwan - 2019

et al. (2019) which incorporates the risk that arises from the portfolio performance and flows of actively managed bond … show that local currency sovereign bonds that positively covary with the returns of active funds receive risk premia as … compensations for active fund risk. Furthermore, and in line with theory, the price of this risk increases when bond funds …

Persistent link: https://www.econbiz.de/10012869450

What Effect Has Bond Market Development in Emerging Asia Had on the Issuance of Corporate Bonds?

Mizen, Paul - 2010

This paper investigates the determinants of firms' decision to issue public debt in emerging Asian economies, using a novel database covering the period 1995 to 2007. We use comparable micro level panel of eight countries - China, Hong Kong, Indonesia, Korea, Malaysia, Philippines, Singapore and...

Persistent link: https://www.econbiz.de/10013141639

Pessimistic Foreign Investors and Turmoil in Emerging Markets : The Case of Brazil in 2002

Andrade, Sandro C. - 2014

Using surveys of foreign exchange expectations, we document the emergence of a large gap between the beliefs of foreign banks and local-based institutions ahead of Brazil's 2002 presidential elections. That period was marked by a sudden stop in foreign capital flows and steep depreciation of...

Persistent link: https://www.econbiz.de/10013066911