Fiscal policy matters for bond risk premia. Empirically, government spending level and volatility predict excess bond … returns. Shocks to government spending level and volatility are also priced in the cross-section of bond and stock portfolios …

We estimate the short-run reactions of bond spreads of selected EU member states vis-à-vis the German bund on fiscal …

bond spreads of ten euro member countries. Our motivation is to evaluate which of the two players - the ECB or the EU … fiscal level - has been more crucial for the stabilization of euro sovereign bond markets in the crisis environment of the … rising public debt levels as so far, the stabilization of sovereign bond markets appears to hinge largely on the Eurosystem …

How do cyclical fiscal stabilisation policies affect welfare and government bond risk premia? Using a new Keynesian … model we find that the effects of fiscal policy rules on the bond premium and welfare crucially depend on the source of …

We estimate the latent factors that underlie the dynamics of the sovereign bond yield curve inMorocco during 2004 …

-term sovereign bond spread of Italy relative to Germany. After collecting data on relevant fiscal policy announcements, we perform an …

-term sovereign bond spread of Italy relative to Germany. After collecting data on relevant fiscal policy announcements, we perform an …