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• W2029162803 abstract "This paper focuses on the resolution of bond market crises. Episodes of bond market distress are identified using secondary market sovereign bond spreads. Duration models are used to assess the role of the global environment, domestic policy, IMF programs and political events in explaining the length of distress episodes. We find a rich set of interactions between favourable external conditions, sound macroeconomic policies and the presence of an IMF program which contribute to shorter bond market crises." @default.
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• W2029162803 date "2009-03-01" @default.
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• W2029162803 title "Recovering from bond market distress: Good luck and good policy" @default.
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• W2029162803 doi "https://doi.org/10.1016/j.ememar.2008.11.002" @default.
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