Mauro, Paolo

Emerging markets and financial globalization : sovereign bond spreads in 1870-1913 and today / Paolo Mauro, Nathan Sussman, Yishay Yafeh. - x, 193 p. : ill. ; 23 cm.



International capital flows in the previous era of globalization : an overview and outline of the book and its objectives -- The London market for sovereign debt, 1870-1913 versus today's markets -- The determinants of the cost of capital : case study evidence -- News and sharp changes in bond spreads -- Spreads, news, and macroeconomics : a multivariate regression analysis -- Co-movement of spreads : fundamentals or investor behavior? -- Sovereign defaults and the corporation of foreign bondholders -- A few lessons for the future.

0199272697


Capital movements
Küreselleşme--Tarih--19. yüzyıl
Globalization--History--19th century
Borçlar, Dış--Tarih--Gelişmekte olan ülkeler--19. yüzyıl
Debts, External--History--Developing countries--19th century
Debts, External--Developing countries
Sermaye hareketleri
Borçlar, Dış--Gelişmekte olan ülkeler

HG3891.5 / .M38 2006