 | Fiscal Transparency, Borrowing Costs, and Foreign Holdings of Sovereign Debt Author/Editor: Laurent Kemoe, Zaijin Zhan. Release Date:August, 2018 This paper explores the effects of fiscal transparency on the borrowing costs of 33 emerging and developing economies (EMs), and on foreign demand for their sovereign debt. Using multiple indicators, more...
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| Monetary and Fiscal Policies and the Dynamics of the Yield Curve in Morocco Author/Editor: Calixte Ahokpossi, Pilar Garcia Martinez, Laurent Kemoe. Release Date:May, 2016 We estimate the latent factors that underlie the dynamics of the sovereign bond yield curve in Morocco during 2004–14 based on the Dynamic Nelson-Siegel model. On this basis, we explore the more...
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