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