What are the main variables that influence the dynamics of Ecuador’s sovereign risk?
ABSTRACTThis paper analyzes the determinants of Ecuador’s sovereign spreads as measured by the EMBI index. We use Bayesian algorithms to estimate a structural vector autoregressive model with three blocks (international, regional, and domestic). Global variables drive most of the dynamics of the Ecu...
| Автори: | , , |
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| Формат: | Стаття |
| Мова: | English |
| Опубліковано: |
Taylor & Francis Group
2023-12-01
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| Серія: | Journal of Applied Economics |
| Предмети: | |
| Онлайн доступ: | https://www.tandfonline.com/doi/10.1080/15140326.2022.2158009 |