Series: IMF Working Papers
Author(s): Laura Jaramillo , and Anke Weber
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 23 December 2013
Keywords: Emerging Market Economies, Fiscal Deficit, Global Spillovers, bond, bond yields, domestic bond, sovereign bond, Financial Markets and the Macroeconomy,
While fiscal conditions remain healthier than in advanced economies, emerging economies continue to be exposed to negative spillovers if global conditions were to become less favorable. This paper finds that domest...