The aim of this paper is to analyze the relation between maturity structure, sovereign bond yields and sovereign risk … relationship between sovereign bond yields, sovereign risk and the maturity structure of sovereign debt, regardless of the proxy … shortens the maturity structure of sovereign debt because it reduces the stock of long-term debt. The relationship between …

This paper studies the mediating impact of the maturity of public debt in the transmission of monetary policy shocks to … economic activity. A longer debt maturity attenuates greatly the effect of monetary policy: going from the average historical …

This paper examines the evolution of the maturity structure of marketable Treasury debt from 1953 to 1983. Average … maturity contracted erratically from 1953 to 1960, expanded through mid-1965, contracted again through late 1975, and then … expanded into the early 1980s. What accounts for these broad trends? In particular, what were the maturity objectives of …

This paper examines ways to summarize the maturity structure of public debts using a small number of parameters. We …) more accurately describes changes in debt maturity for these six countries and 2) gives a quite different interpretation of … historical debt maturity. Our work can be applied not just to analyze past debt movements, but - because parameter estimates are …

there an optimal maturity structure of public debt? Using a stochastic Diamond OLG model, we tackle these questions. We show … that there may be a welfareimproving role for a well-designed maturity structure of debt. …