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 …

This paper examines whether the ECB's Quantitative Easing (QE) policy is causing government bond prices to deviate from … series introduced by Phillips et al. (2015). We extend this methodology and apply it to government bond prices. The results … show that the QE policy substantially inflated government bond prices in Euro Area countries to such an extent that bond …

This paper investigates the determinants of nominal yields of government bonds in the eurozone. The pooled mean group … yields of long-term government bonds in a set of 11 eurozone countries. Furthermore, autoregressive distributive lag (ARDL …

We assess the determinants of sovereign bond yield spreads in the period 1999-2016, considering non … estimate (by means of panel techniques) the determinants of sovereign bond yield spreads; ii) compute bivariate time …-varying coefficient (TVC) models of each determinant on government bond spreads and analyse the temporal dynamics of resulting estimates …

The European Central Bank's (ECB) bond purchase program — possibly the most effective anti-crisis tool yet — is … compatible with EU law. Proceedings against the ECB's bond purchases have been brought both before the General Court of the Court …, referred the case to the Court of Justice of the EU. This Article argues that the ECB bond purchase program is compatible with …

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 …