• Nenhum resultado encontrado

Short and Long-run Behaviour of Long-term Sovereign Bond Yields

N/A
N/A
Protected

Academic year: 2019

Share "Short and Long-run Behaviour of Long-term Sovereign Bond Yields"

Copied!
38
0
0

Texto

Loading

Imagem

Table 1 offers a summary of some of the findings in the abovementioned related  literature, within different methodological frameworks
Figure 1 – Long-term real interest rates  1a  -20-15-10-50510 1970 1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008%
Table 1 – Shares of outstanding government debt in the total outstanding debt of the  country sample   1970 1980 1990 2000 2008  Austria 0.35 0.90 0.94 0.73 0.88  Belgium 2.02 2.90 2.59 1.44 1.54  Canada   3.84 4.45 3.42 3.27  Denmark   0.85 0.86 0.48 0.39
Table 2 – Cross-section correlations of the errors in the ADF(p) regressions of real  long-term interest rates and potential determinants (1973-2008; N = 17) #
+7

Referências

Documentos relacionados

Our results suggest that long-run causality runs from lagged debt to primary balance, but on average the marginal long-run impact is zero.. We cannot say that fiscal policy

o objetivo deste estudo foi avaliar se existe diferença significante no número de repetições máximas de exercícios resistidos (ER) realizados com pesos livres em

O Diário de Notícias e o Correio da Manhã publicaram poucas e breves notícias sobre o assunto ao contrário do JN que publicou várias reportagens sobre as rádios no Grande Porto,

Com as questões, “Será necessário modificar, o tipo de Comando e Controlo da Artilharia Antiaérea Portuguesa, para participar numa missão de defesa antiaérea

Como resultado, pretende-se não apenas impedir que as patologias progridam e se tornem ainda mais danosas para a rocha, e consequentemente para as gravuras; mas também forçar

The present study examines the long-term relationship between aggregate price and dividend data and the corresponding mechanism for short-term error correction using the

Table 4 presents the results of the panel data models, regarding the relationships between determinants and total debt, long-term debt and short-term debt. Analysing the

Empirical results indicate a long run cointegration relationship between variables and call attention to crowding out effects of FDI on domestic investment in