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University of Illinois at Urbana-Champaign

Loans Versus Bonds as Emerging Market Credit

Abstract

dc:description

"Lastly, a literature has developed on whether the new portfolio flows are ""hot money"", in that they may exhibit high volatility relative to other forms of capital such as direct investment. Some authors question whether portfolio flows are hot money. None look at more specific categories, however. Accordingly, various estimations and tests are performed on loans and bonds to determine which series exhibits more volatility. Here the results clearly show that bonds are the more volatile inflow."

Degree

thesis:*
Name thesis:degree_name
Ph.D.
Level thesis:degree_level
Dissertation
Discipline thesis:degree_discipline
Economics
Grantor
University of Illinois at Urbana-Champaign
Year dc:date
2015

Author and committee

dc:creator, dc:contributor.*
Author dc:creator
  • Miles, William Robert
Contributors dc:contributor
  • Baer, Werner W.

Subjects

dc:subject × 1

Rights

Language dc:language
eng

Identifiers

dc:identifier.*
Identifier
(MiAaPQ)AAI9921714
OAI identifier oai:identifier
oai:www.ideals.illinois.edu:2142/85647

Chain of custody

source
Harvested from
University of Illinois - Urbana-Champaign
Base URL
www.ideals.illinois.edu/oai-pmh
Last updated
2026-07-22
Source record
OAI-PMH GetRecord
citation

Miles, William Robert. Loans Versus Bonds as Emerging Market Credit. Dissertation thesis, University of Illinois at Urbana-Champaign, 2015. http://hdl.handle.net/2142/85647