TY - BOOK AU - Hadzi-Vaskov,Metodij AU - Ricci,Luca A. TI - Does Gross or Net Debt Matter More for Emerging Market Spreads? SN - 1475569009 AV - HG3881.5.I58 U1 - 336.34350917239999 PY - 2017/// CY - Washington, D.C. PB - International Monetary Fund KW - Debts, Public KW - Developing countries KW - Government liability KW - Electronic books N1 - Cover; Contents; Abstract; I. Introduction; II. Literature Review; III. Methodology; A. Data on net debt; B. Overall dataset; C. Empirical strategy; IV. Results; A. Preview; B. Baseline; C. Robustness checks; D. Impact of official reserves and primary balance; E. Effect of distress episodes; F. Nonlinearities; V. Additional explorations: advanced economies and local interest rates; A. Advanced economies; B. Emerging markets; VI. Conclusion; VII. References; Tables; 1. Summary Statistics; 2. Country Groups; 3. A Preview Without Controls; 4. Baseline Results; 5. Robustness: Different Country Groups and Methods6. Robustness: Credit Default Swaps (Instead of EMBI); 7. Results with Other Determinants; 8. Distress Episodes; 9. Nonlinearities; 10. Additional Explorations: Credit Default Swaps in Advanced Economies; 11. Additional Explorations: Local Currency Interest Rates in Advanced; 12. Additional Explorations: Local Currency Interest Rates in Emerging Markets; 13. Additional Explorations: Spreads in Emerging Markets (Restricted Sample); Figures; 1. Government Debt and Sovereign Spreads (2014): Gross or Net Debt?; 2. Example: Debt, Assets, and Spreads in Brazil and Colombia (2003-2012)3. Evolution of Gross Debt and Net Debt; Annexes; Annex I, Figure 1. Evolution of Gross Debt and Net Debt in Regional Groupings; Annex II, Figure 1. Evolution of Gross Debt and Net Debt, by Country UR - https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1462964 ER -