| Autor: |
ALVAREZ-FERNÁNDEZ, Silvia M., ALVAREZ-GARCÍA, Begoña, BOEDO-VILABELLA, Lucía, MOURELLE ESPASANDÍN, Estefanía |
| Předmět: |
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| Zdroj: |
Revista Espacios; 2020, Vol. 41 Issue 25, p51-66, 16p |
| Abstrakt: |
This paper explores the determining factors of the Eurozone sovereign yields and the manner they have changed over the last twenty years. In this time period, ranging from 1993 to 2014, the Euro area has gone through different phases and economic cycles that we divide into: EMU antecedents (1993-1998), EMU creation (1999-2007) and debt crisis (2008-2014). Using a panel data approach, we observe that the different sovereign risk drivers change over time and the market does not act rationally. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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