Hanousek, Jan; Evžen KoÄenda; ZemÄík, Petr - In: Journal of Emerging Market Finance 7 (2008) 2, pp. 141-168
We analyse the emerging Serbian bond market to compare its behaviour to developed markets and to indicate what is behind bond market emergence. As an analytical tool we model the term structure of the bond market. We find that a modified standard model performs rather well in the environment of...