Economic volatility and sovereign yields’ determinants : a time-varying approach
Using quarterly data for 10 Euro Area countries we assess the determinants of government bond yield spreads; compute bivariate time-varying coefficient models of each determinant; and use these estimates to explain economic volatility. We find that better fiscal positions or higher than expected gro...
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| Formato: | workingPaper |
| Idioma: | eng |
| Publicado em: |
2016
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| Texto completo: | http://hdl.handle.net/10400.5/10713 |
| País: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/10713 |