Gomez-Bengoechea, Gonzalo; Arahuetes, Alfredo - In: Journal of Financial Economic Policy 11 (2019) 1, pp. 121-138
Purpose: This paper aims to provide an empirical analysis of the macroeconomic determinants of sovereign bond yield spreads in the Eurozone from 2000 until August 2012, when the Outright Monetary Transactions programme was launched. Design/methodology/approach: The authors constructed an...