Afonso, António; Arghyrou, Michael G.; Kontonikas, … - In: International Journal of Finance & Economics 19 (2014) 1, pp. 49-56
ABSTRACT We use a panel of 10 euro area countries to assess the determinants of long‐term sovereign bond yield spreads over the period 1999.01–2010.11. We find that government bond yield spreads are well explained by fiscal fundamentals over the crisis period. We also find that the menu of...
