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We study what makes government bonds a safe asset. Building on a sample of monthly changes in government bond yields in … changes in global risk (VIX). We find that inertia (whether the bond behaved as a safe asset in the past) and good …
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through error spillover effects. Bootstrapped error bands are also provided for the cross country responses of a shock to the …
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through error spillover effects. Bootstrapped error bands are also provided for the cross country responses of a shock to the …
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through error spillover effects. Bootstrapped error bands are also provided for the cross country responses of a shock to the …
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through error spillover effects. Bootstrapped error bands are also provided for the cross country responses of a shock to the …
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