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