Why Do Emerging Economies Borrow Short Term

2004

360 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/bd49b9236cf99b8e538012d8d97d3dcbdf0f65bf

Citations in the corpus

• Financial globalization and debt maturity in emerging economies (2006, neutral): “See Broner et al. (2004).”
• Long-Duration Bonds and Sovereign Defaults (Revised July 2009) (2009, neutral): “…other tradeoffs between issuing long- and short-term debt that are not present or do not play a significant role in this paper (for a discussion of these tradeoffs see, for example, Alfaro and Kanczuk (2007), Arellano and Ramanarayanan (2008), Bi (2006), Broner et al. (2007), and Niepelt (2008)).”
• Fiscal Rules and the Sovereign Default Premium (2022, neutral): “Using a sample of 27 emerging economies, Cruces et al. (2002) find an average duration of 4.”
• Default risk and income fluctuations in emerging economies (2008, neutral): “q(B0)B0 = 1 1 + r [1− F (y∗(B0))]B0 (12)”
• The social cost of foreign exchange reserves (2006, neutral): “True, short-term borrowing is usually cheaper in financial terms, but that is only because it transfers greater risk to the borrowers (see for example Broner et al., 2004; Rodrik & Velasco, 2000).”
• Gross Capital Flows : Dynamics and Crises (2011, neutral): “In the working paper version of this paper, Broner et al. (2010), we also analyze the volatility of the different types of capital flows across income groups.”
• Default risk and risk averse international investors (2013, neutral): “From Equation (19) is clear that if investors are risk averse, q(b′, s) depends not only on the emerging economy’s fundamentals (i.e. y and b′), but on γL and W .”