Artikel
Determinants of the government bond yield in Spain: A loanable funds model
This paper applies demand and supply analysis to examine the government bond yield in Spain. The sample ranges from 1999.Q1 to 2014.Q2. The EGARCH model is employed in empirical work. The Spanish government bond yield is positively associated with the government debt/GDP ratio, the short-term Treasury bill rate, the expected inflation rate, the US 10 year government bond yield and a dummy variable representing the debt crisis and negatively affected by the GDP growth rate and the expected nominal effective exchange rate.
- Sprache
-
Englisch
- Erschienen in
-
Journal: International Journal of Financial Studies ; ISSN: 2227-7072 ; Volume: 3 ; Year: 2015 ; Issue: 3 ; Pages: 342-350 ; Basel: MDPI
- Klassifikation
-
Wirtschaft
Interest Rates: Determination, Term Structure, and Effects
Fiscal Policy
Economywide Country Studies: Europe
- Thema
-
government debt
long-term interest rate
expected inflation
world interest rate
exchange rate
loanable funds model
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hsing, Yu
- Ereignis
-
Veröffentlichung
- (wer)
-
MDPI
- (wo)
-
Basel
- (wann)
-
2015
- DOI
-
doi:10.3390/ijfs3030342
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Hsing, Yu
- MDPI
Entstanden
- 2015
Ähnliche Objekte (12)
Essays on the Determinants of Corporate Bond Yield Spreads
The political determinants of government bond holdings
The Political Determinants of Government Bond Holdings
The Political Determinants of Government Bond Holdings
The determinants of sovereign bond yield spreads in the EMU
Determinants of the onshore and offshore Chinese Government yield curves
Determinants of the onshore and offshore Chinese Government yield curves
The long-run determinants of Indian government bond yields
Determinants of government bond spreads in new EU countries
Fractionality and co-fractionality between Government Bond yields: Implications for the yield curve
The determinants of long-term Japanese government bonds' low nominal yields
Explaining the US Bond Yield Conundrum
Essays on the Determinants of Corporate Bond Yield Spreads
The political determinants of government bond holdings
The Political Determinants of Government Bond Holdings
The Political Determinants of Government Bond Holdings
The determinants of sovereign bond yield spreads in the EMU
Determinants of the onshore and offshore Chinese Government yield curves
Determinants of the onshore and offshore Chinese Government yield curves
The long-run determinants of Indian government bond yields
Determinants of government bond spreads in new EU countries
Fractionality and co-fractionality between Government Bond yields: Implications for the yield curve
The determinants of long-term Japanese government bonds' low nominal yields
Explaining the US Bond Yield Conundrum
Essays on the Determinants of Corporate Bond Yield Spreads
The political determinants of government bond holdings
The Political Determinants of Government Bond Holdings
The Political Determinants of Government Bond Holdings
The determinants of sovereign bond yield spreads in the EMU
Determinants of the onshore and offshore Chinese Government yield curves
Determinants of the onshore and offshore Chinese Government yield curves
The long-run determinants of Indian government bond yields
Determinants of government bond spreads in new EU countries
Fractionality and co-fractionality between Government Bond yields: Implications for the yield curve
The determinants of long-term Japanese government bonds' low nominal yields