 | Sovereign Asset and Liability Management in Emerging Market Countries: The Case of Uruguay Author/Editor: André Amante, Phillip Anderson, Thordur Jonasson, Herman Kamil, Michael G Papaioannou. Release Date:December, 2019 This paper provides an overview of the strategic and operational issues as well as institutional challenges, related to the implementation of the Sovereign Asset and Liability Management (SALM) more...
| Price: $18.00
|
| Spillovers from U.S. Monetary Policy Normalization on Brazil and Mexico's Sovereign Bond Yields Author/Editor: Carlos GĂłes, Herman Kamil, Phil De Imus, Mercedes Garcia-Escribano, Roberto Perrelli, Shaun K Roache, Jeremy Zook. Release Date:March, 2017 This paper examines the transmission of changes in the U.S. monetary policy to localcurrency sovereign bond yields of Brazil and Mexico. Using vector error-correction models, we find that the U.S. more...
| Price: $18.00
|
| Corporate Financing Trends and Balance Sheet Risks in Latin America Author/Editor: Fabiano Rodrigues Rodrigues Bastos, Herman Kamil, Bennett W Sutton. Release Date:January, 2015 Easy global liquidity conditions, stronger risk appetite and a retrenchment in cross-border bank lending led to a surge in emerging market firms’ bond issuance in international markets (what we more...
| Price: $18.00
|
 | How Do Exchange Rate Regimes Affect Firms' Incentives to Hedge Currency Risk? Micro Evidence for Latin America Author/Editor: Herman Kamil. Release Date:March, 2012 Using a unique dataset with information on the currency composition of firms' assets and liabilities in six Latin-American countries, I investigate how the choice of exchange rate regime affects more...
| Price: $18.00
|
| Does Procyclical Fiscal Policy Reinforce Incentives to Dollarize Sovereign Debt? Author/Editor: Anna Ilyina, Anastasia Guscina, Herman Kamil. Release Date:July, 2010 This paper explores the link between the cyclical patterns of macroeconomic and policy variables and the currency composition of domestic sovereign debt in emerging market countries. The empirical more...
| Price: $18.00
|
| The Global Credit Crunch and Foreign Banks’ Lending to Emerging Markets : Why Did Latin America Fare Better? Author/Editor: Kulwant Rai, Herman Kamil. Release Date:April, 2010 The recent global financial turmoil raised questions about the stability of foreign banks' financing to emerging market countries. While foreign banks' lending growth to most emerging market regions more...
| Price: $18.00
|
| Are Capital Controls Effective in the 21st Century? the Recent Experience of Colombia Author/Editor: Benedict J. Clements, Herman Kamil. Release Date:February, 2009 This paper assesses the effects of capital controls imposed in Colombia in 2007 on capital flows and exchange rate dynamics. The results suggest that the controls were successful in reducing external more...
| Price: $18.00
|
| Is Central Bank Intervention Effective Under Inflation Targeting Regimes? The Case of Colombia Author/Editor: Herman Kamil. Release Date:April, 2008 Policymakers in many emerging markets are attempting to resist currency appreciation while simultaneously meeting targets for inflation. Using the recent experience of Colombia between 2004 and 2007, more...
| Price: $18.00
|
|
Help