[PDF] Top 20 Sovereign yield spreads in the EMU: crisis and structural determinants
Has 10000 "Sovereign yield spreads in the EMU: crisis and structural determinants" found on our website. Below are the top 20 most common "Sovereign yield spreads in the EMU: crisis and structural determinants".
Sovereign yield spreads in the EMU: crisis and structural determinants
... study the behavior of sovereign bonds and the assessment of their risks, will be necessary name the importance of rating agencies in the context of the ... See full document
26
Government Bond Yield Spreads in EMU Countries: the Story of an Ephemeral Convergence
... on the work of Reinhart and Rogoff (2009), who built a comprehensive database on several types of crises in world economies, we included variables that aim to capture the “track record” effect ... See full document
39
Contagion in EU Sovereign Yield Spreads
... between the EMU countries that can spread throughout EU countries. The EMU countries more affected by the three risks factors mentioned at the beginning of this work, namely: ... See full document
43
Economic Volatility and Sovereign Yields’ Determinants: a Time-Varying Approach
... discussed in Section 2, there are variables that positively affect the increase in government bond yield spreads relatively to Germany’s, while others decrease ...it. The ... See full document
24
Cointegration and Structural Breaks in the EU Sovereign Debt Crisis
... linkages and common shocks. There can be no doubt that the US financial crisis of 2007 spilled over into other markets through direct ...German and Japanese financial institutions sought more ... See full document
11
The Greek crisis: Causes and implications
... over the whole period. This is exactly what we have observed since the peak of the crisis in October 2008 with governments being forced to bail out prob- lematic banks, taking over a ... See full document
14
An analysis of equity markets cointegration in the european sovereign debt crisis
... In the context of the Economic and Monetary Union (EMU) creation area, we highlighted the paper of Zhou et ...differences in market practices, laws, tax treatment ... See full document
10
Budgetary decomposition and yield spreads
... study the budgetary determinants of government bond yield spreads vis-à-vis Germany between 1999Q1 and ...VIX and debt differentials increase yield spreads; ... See full document
10
Debt crisis and 10-year sovereign yields in Ireland and in Portugal
... assess the determinants of the 10-year sovereign yield for the period 2000 –2015, in Portugal and in ...that the long-term Portuguese sovereign ... See full document
7
Sovereign credit ratings and financial markets linkages: application to European data
... As in Reisen and von Maltzan (1999), we find two-way causality between sovereign credit ratings and government bond yield spreads (Table ...changes in yield (CDS) ... See full document
42
Debt crisis and 10-year sovereign yields in Ireland and in Portugal
... assess the determinants of the 10-year sovereign yield for the period 2000-2015, in Portugal and in ...that the long-term Portuguese sovereign ... See full document
11
Financialization in the European periphery and the sovereign debt crisis: the Portuguese case
... first in the European Monetary System (EMS) and later in the euro area was crucial to the financialisation process and the resulting high levels of ...of the ... See full document
32
On the time-varying relationship between EMU sovereign spreads and their determinants
... capture structural instability in the link between euro area sovereign bond yield spreads against Germany and their underlying determinants over the period ... See full document
25
Determinants of sovereign bond spreads in the EMU
... Arghyrou and Kontonikas (2011) model the 10y bond yield spreads, the counterpart yield being Germany´s, on 3 types of variables: credit risk, liquidity risk and common ... See full document
52
Revisiting Sovereign Bond Spreads’ Determinants in the EMU
... Afonso and Rault (2015) used a SUR methodology to assess the determinants of real long-run interest rates, in the period 1973-2008, with yearly data for 17 OECD ...economies. The ... See full document
30
The determinants of sovereign bond yield spreads in the EMU
... (1) and its extensions for the full sample period without allowing for possible structural ...breaks. The results from our 2SLS estimations are reported in Table 2. In all ... See full document
40
Determinants of sovereign bond yield spreads in the EMU: an optimal currency area perspective
... debt and the government budget balance represent those deter- minants most directly linked with sovereign default risk as they capture deterioration in fiscal ...theory and common sense ... See full document
25
Financial contagion reloaded: the case of Cyprus
... plans, the experts envisaged another one, having as main players Russia and ...country in the Mediterranean, but, in reality, its geostrategical position and resources are eyed ... See full document
9
Can macroeconomic variables account for the term structure of sovereign spreads?: studying the Brazilian case
... between the short rate r and the state variables of the economy.. Then, the model will be affine: the relation between the interest rates of chosen.. maturities Y [r] ... See full document
27
Effect of European Sovereign Debt Crisis on Banks’ Stock Market Performances
... Regarding the key results obtained with the event study they are essentially ...that sovereign ratings are more important to banks’ stock market performances than the actual bank level ...with ... See full document
36
temas relacionados