Long-Run and Short-Run Determinants of Sovereign Bond Yields in Advanced Economies /

We analyze determinants of sovereign bond yields in 22 advanced economies over the 1980-2010 period using panel cointegration techniques. The application of cointegration methodology allows distinguishing between long-run (debt-to-GDP ratio, potential growth) and short-run (inflation, short-term int...

ver descrição completa

Detalhes bibliográficos
Autor principal: Poghosyan, Tigran
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2012.
Colecção:IMF Working Papers; Working Paper ; No. 2012/271
Acesso em linha:Full text available on IMF