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On 4 March 2011, SUERF – The European Money and Finance Forum and the National Bank of Poland jointly organised a conference on the theme of: "Monetary Policy after the Crisis". Following a call for papers with a large number of submissions, the scientific committee selected 9 papers, which...
Persistent link: https://www.econbiz.de/10011710723
, premium components are less reactive to inflation shocks, while real rate responses change their sign from positive to … expectations and premium components once survey information is incorporated. Overall, results support the conclusion that reaching …
Persistent link: https://www.econbiz.de/10012222610
, premium components are less reactive to a typical 10 bp increase in inflation, while real rate responses change their sign … yields into their expectations and premium components once survey information is incorporated. Overall, results support the …
Persistent link: https://www.econbiz.de/10012299079
This paper investigates the determinants of nominal yields of government bonds in the eurozone. The pooled mean group (PMG) technique of cointegration is applied on both monthly and quarterly datasets to examine the major drivers of nominal yields of long-term government bonds in a set of 11...
Persistent link: https://www.econbiz.de/10011784679
This paper investigates the determinants of nominal yields of government bonds in the eurozone. The pooled mean group (PMG) technique of cointegration is applied on both monthly and quarterly datasets to examine the major drivers of nominal yields of long-term government bonds in a set of 11...
Persistent link: https://www.econbiz.de/10012956837
This paper investigates the determinants of nominal yields of government bonds in the eurozone. The pooled mean group (PMG) technique of cointegration is applied on both monthly and quarterly datasets to examine the major drivers of nominal yields of long-term government bonds in a set of 11...
Persistent link: https://www.econbiz.de/10011695520
This paper investigates the long-term determinants of Indian government bonds' (IGB) nominal yields. It examines whether John Maynard Keynes's supposition that short-term interest rates are the key driver of long-term government bond yields holds over the long-run horizon, after controlling for...
Persistent link: https://www.econbiz.de/10011591493
The short-term interest rate is the main driver of the Commonwealth of Australia government bonds' nominal yields. This paper empirically models the dynamics of government bonds' nominal yields using the autoregressive distributed lag (ARDL) approach. Keynes held that the central bank exerts...
Persistent link: https://www.econbiz.de/10011890462
Persistent link: https://www.econbiz.de/10011345071
In the era of financialisation, increasing income inequality could be observed in most developed and many developing countries. Despite these similar developments in inequality, the growth performance and drivers for growth differed markedly among countries, allowing clusters of different growth...
Persistent link: https://www.econbiz.de/10011449155