Country risk premium: theoretical determinants and empirical evidence for latin american countries
This paper investigates the behavior of the country risk premium for Argentina, Brazil and Mexico, from June 1997 to September 1998. It shows that the level of country risk premium is determined by different factors: the US dollar bond market structure; restrictions on the acquisition of emerging ma...
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| Format: | Article |
| Language: | English |
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Fundação Getúlio Vargas
1999-12-01
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| Series: | Revista Brasileira de Economia |
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| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71401999000400003 |