The Driving Factors of EMU Government Bond Yields: The Role of Debt, Liquidity and Fiscal Councils

This study presents empirical evidence about the determinants of long-term government bond yields for 19 economies of the European Monetary Union (EMU) over the period 1995–2018 within a multivariate panel framework. The fixed effects estimators reveal that the relationship between public debt to th...

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Bibliographic Details
Main Authors: Anastasios Pappas, Ioannis Kostakis
Format: Article
Language:English
Published: MDPI AG 2020-09-01
Series:International Journal of Financial Studies
Subjects:
EMU
Online Access:https://www.mdpi.com/2227-7072/8/3/53