Zobrazeno 1 - 10
of 23
pro vyhledávání: '"Jesper Hanson"'
Publikováno v:
Journal of Empirical Finance, 58, 96-120. Elsevier
Building on a unique dataset of Eurozone sovereign debt auctions, this paper analyzes the determinants of their bid-to-cover ratios, which is the most common measure of the outcome of an auction. We find that the secondary market yield on the same ma
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::00f0e68e45fff47f512d1880ba5a87cf
https://doi.org/10.1016/j.jempfin.2020.05.005
https://doi.org/10.1016/j.jempfin.2020.05.005
Publikováno v:
Journal of International Money and Finance
Journal of International Money and Finance, 110:102293. ELSEVIER SCI LTD
Journal of International Money and Finance, 110:102293. ELSEVIER SCI LTD
Highlights • We model public debt maturities as a function of preference for liquidity services provided by short-term debt, roll-over risk and price risk. • We construct a dataset on sovereign euro-area debt issues to explain maturity decisions
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::a24aebbd228fd82d6552b9afec75ab92
http://europepmc.org/articles/PMC7521257
http://europepmc.org/articles/PMC7521257
Publikováno v:
Journal of Banking & Finance, 87, 118-134. Elsevier
Journal of Banking & Finance, 87, 118-134. Elsevier Science BV
Journal of Banking & Finance, 87, 118-134. Elsevier Science BV
Earlier research has shown that euro-area primary public debt markets affect secondary markets. We find that more successful auctions of euro area public debt, as captured by higher bid-to-cover ratios, lead to lower secondary-market yields following
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ef92608bac12092b5013ebf5ecf6006c
https://doi.org/10.1016/j.jbankfin.2017.10.006
https://doi.org/10.1016/j.jbankfin.2017.10.006
Publikováno v:
SSRN Electronic Journal.
We use information on new sovereign debt issues in the euro area to explore the drivers behind the debt maturity decisions of governments. We set up a theoretical model for the maturity structure that trades off the preference for liquidity services
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1d60801d49076a36922cb45a8bce4a0a
https://doi.org/10.2139/ssrn.3406759
https://doi.org/10.2139/ssrn.3406759
Publikováno v:
Economics Letters, 117(3), 912-916. Elsevier
Using the IMF’s “action-based” dataset, we show that budgetary consolidation under both the euro and other exchange rate regimes negatively affects GDP growth, while it raises unemployment. However, these effects are more pronounced under the e
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::55f8ed38d978b925adf38a888d4fd7c0
https://hdl.handle.net/11245/1.380856
https://hdl.handle.net/11245/1.380856
Autor:
Dentler, Alexander1 Alexander.Dentler@cide.edu, Rossi, Enzo2 Enzo.Rossi@snb.ch
Publikováno v:
Swiss National Bank Working Papers. 2022, Issue 6, p1-62. 66p.
Autor:
LENGYEL, ANDRAS (AUTHOR) a.lengyel@uva.nl, GIULIODORI, MASSIMO (AUTHOR) m.giuliodori@uva.nl
Publikováno v:
Journal of Money, Credit & Banking (John Wiley & Sons, Inc.). Oct2022, Vol. 54 Issue 7, p1997-2028. 32p.
Autor:
Demertzis, Maria1 (AUTHOR), Wolff, Guntram B.1 (AUTHOR) guntram.wolff@bruegel.org
Publikováno v:
Journal of Economic Policy Reform. Sep2020, Vol. 23 Issue 3, p342-358. 17p.
Autor:
SPRONSEN, J.J.M. VAN j.j.m.vanspronsen@uva.nl, BEETSMA, R.M.W.J. r.m.w.j.beetsma@uva.nl
Publikováno v:
Journal of Money, Credit & Banking (John Wiley & Sons, Inc.). Feb2022, Vol. 54 Issue 1, p169-202. 34p.
Autor:
BEETSMA, R. O. E. L., GIULIODORI, M. A. S. S. I. M. O., HANSON, J. E. S. P. E. R., DE JONG, F. R. A. N. K.
Publikováno v:
Journal of Money, Credit & Banking (John Wiley & Sons, Inc.). Oct2018, Vol. 50 Issue 7, p1401-1440. 40p. 12 Charts, 5 Graphs.