Buffers and Borrowing: How Reserve Accumulation Shapes Sovereign Spreads and Debt Dynamics in Emerging Economies
The research finds that reserve adequacy shapes how global financial shocks transmit to sovereign spreads and external debt in emerging markets, with over-accumulation dampening spread responses.
Featured in No. 135 on 16 Oct 2026 · 11 days after release
- Released
- 5 Oct 2026
- First featured
- No. 135 · 16 Oct 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 2 of 5
- Identifier
- RePEc:sad:ypaper:23
- Authors
- Mateo Agustín Fernández
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).