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Endowments,Fiscal Federalism,and the Cost of Capital for States:Evidence from Brazil,1891-1930
Trade Cost of Capital Revenue Sovereign Finance Goods and Commodities
2015/4/22
There is a large amount of literature that aims to explain what determines country risk (defined as the difference between the yield of a sovereign's bonds and the risk free rate). In this paper, we c...
POVERTY, poor health, low life expectancy, and an unequal
distribution of income and wealth are endemic throughout
the world. Many countries, including some that are well-endowed
with natural re...