The impact of the PSPP on the European public debt markets : yields, spreads and liquidity
This thesis analyzes the effects of the ECB’s Public Sector Purchase Programme (PSPP) on European public debt markets. Using a panel regression this study estimates the impact on yields, spreads and liquidity of European sovereign bonds. We find significant reductions in yields, a drop of 171 basis...
| Main Author: | |
|---|---|
| Format: | masterThesis |
| Language: | eng |
| Published: |
2017
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10400.14/22738 |
| Country: | Portugal |
| Oai: | oai:repositorio.ucp.pt:10400.14/22738 |