‘‘Whatever it takes” to resolve the European sovereign debt crisis? Bond pricing regime switches and monetary policy effects
This paper investigates the role of unconventional monetary policy as a source of timevariation in the relationship between sovereign bond yield spreads and their fundamental determinants. We use a two-step empirical approach. First, we apply a time-varying parameter panel modelling framework to det...
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| Outros Autores: | , , |
| Formato: | article |
| Idioma: | eng |
| Publicado em: |
2022
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| Assuntos: | |
| Texto completo: | http://hdl.handle.net/10400.5/25510 |
| País: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/25510 |