 | Capital Controls and the Cost of Debt Author/Editor: Eugenia Andreasen, Martin Schindler, Patricio A Valenzuela. Release Date:June, 2017 Using a panel data set for international corporate bonds and capital account restrictions in advanced
and emerging economies, we show that restrictions on capital inflows produce a substantial more...
| Price: $18.00
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| Who Benefits from Capital Account Liberalization? Evidence from Firm-Level Credit Ratings Data Author/Editor: Alessandro Prati, Martin Schindler, Patricio Valenzuela. Release Date:September, 2009 We provide new firm-level evidence on the effects of capital account liberalization. Based on corporate foreign-currency credit ratings data and a novel capital account restrictions index, we find more...
| Price: $18.00
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| Debt Sustainability under Catastrophic Risk : The Case for Government Budget Insurance Author/Editor: Eduardo A Cavallo, Eduardo Borensztein, Patricio Valenzuela. Release Date:February, 2008 Natural disasters are an important source of vulnerability in the Caribbean region. Despite being one of the more disaster-prone areas of the world, it has one of the lowest levels of insurance more...
| Price: $18.00
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| The Determinants of Corporate Risk in Emerging Markets : An Option-Adjusted Spread Analysis Author/Editor: Eduardo A Cavallo, Patricio Valenzuela. Release Date:September, 2007 This study explores the determinants of corporate bond spreads in emerging markets economies. Using a largely unexploited dataset, the paper finds that corporate bond spreads are determined by more...
| Price: $18.00
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| Sovereign Ceilings "Lite"? The Impact of Sovereign Ratings on Corporate Ratings in Emerging Market Economies Author/Editor: Eduardo Borensztein, Patricio Valenzuela, Kevin Cowan. Release Date:April, 2007 Although credit rating agencies have gradually moved away from a policy of never rating a private borrower above the sovereign (the sovereign ceiling) it appears that sovereign ratings remain a more...
| Price: $18.00
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