Bond Market Development in Asia: An Empirical Analysis of Major Determinants
Published By: ADBI on eSS | Published Date: July, 10 , 2011This study attempts to identity the major determinants of bond market development in Asian economies, through examining its relationship with selected key financial and economic factors, and to provide policy recommendations for further developing Asian bond markets. Major determinants for bond market development in Asia include the size of an economy, the stage of economic development, the openness of an economy, the size of the banking sector, and the interest rate spread. [Working Paper 300]. URL:[http://www.adbi.org/files/2011.07.28.wp300.bond.market.development.asia.pdf]
Author(s): Biswa Nath Bhattacharyay | Posted on: Aug 10, 2011 | Views(937) | Download (437)