| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w13194 |
| 来源ID | Working Paper 13194 |
| Latin America's Access to International Capital Markets: Good Behavior or Global Liquidity? | |
| Ana Fostel; Graciela Laura Kaminsky | |
| 发表日期 | 2007-06-29 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | This paper examines Latin America's access to international capital markets from 1980 to 2005, with particular attention to the role of domestic and external factors. To capture access to international markets, we use primary gross issuance in international bond, equity, and syndicated-loan markets. Using panel estimation, we find that sound fundamentals matter. For example, Argentina, Brazil, and Chile's superb performance in capital markets during the early 1990s has been in large part driven by better fundamentals. However, the upsurge in international lending to Latin America starting in 2003 has been mainly driven by a dramatic increase in global liquidity. |
| 主题 | International Economics ; International Finance |
| URL | https://www.nber.org/papers/w13194 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/570863 |
| 推荐引用方式 GB/T 7714 | Ana Fostel,Graciela Laura Kaminsky. Latin America's Access to International Capital Markets: Good Behavior or Global Liquidity?. 2007. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w13194.pdf（181KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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