Debt crisis and 10-year sovereign yields in Ireland and in Portugal
Autor(a) principal: | |
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Data de Publicação: | 2018 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.5/17724 |
Resumo: | We assess the determinants of the 10-year sovereign yield for the period 2000–2015, in Portugal and in Ireland. Results show that the long-term Portuguese sovereign yield increased with the rise of the 10-year Bund yield and during the Securities Markets Programme, but decreased due to financial integration. Additionally, during the period of the economic and financial adjustment programme, there was evidence of additional rises (decreases) due to increases (decreases) in the 3-month Euribor rate, and the level of public debt. EU/IMF funding reduced sovereign yield. |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Debt crisis and 10-year sovereign yields in Ireland and in Portugal10-Year Sovereign YieldEconomic and Financial Adjustment ProgrammePortugalIrelandWe assess the determinants of the 10-year sovereign yield for the period 2000–2015, in Portugal and in Ireland. Results show that the long-term Portuguese sovereign yield increased with the rise of the 10-year Bund yield and during the Securities Markets Programme, but decreased due to financial integration. Additionally, during the period of the economic and financial adjustment programme, there was evidence of additional rises (decreases) due to increases (decreases) in the 3-month Euribor rate, and the level of public debt. EU/IMF funding reduced sovereign yield.Taylor & Francis GroupRepositório da Universidade de LisboaAfonso, AntónioSilva, Jorge2019-04-10T13:46:59Z20182018-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/17724engAfonso, António and Jorge Silva .(2018). "Debt crisis and 10-year sovereign yields in Ireland and in Portugal". Applied Economics Letters, Vol. 25, No. 4: pp. 217-2221350-485110.1080/13504851.2017.1310991info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:47:23Zoai:www.repository.utl.pt:10400.5/17724Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:02:54.483291Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Debt crisis and 10-year sovereign yields in Ireland and in Portugal |
title |
Debt crisis and 10-year sovereign yields in Ireland and in Portugal |
spellingShingle |
Debt crisis and 10-year sovereign yields in Ireland and in Portugal Afonso, António 10-Year Sovereign Yield Economic and Financial Adjustment Programme Portugal Ireland |
title_short |
Debt crisis and 10-year sovereign yields in Ireland and in Portugal |
title_full |
Debt crisis and 10-year sovereign yields in Ireland and in Portugal |
title_fullStr |
Debt crisis and 10-year sovereign yields in Ireland and in Portugal |
title_full_unstemmed |
Debt crisis and 10-year sovereign yields in Ireland and in Portugal |
title_sort |
Debt crisis and 10-year sovereign yields in Ireland and in Portugal |
author |
Afonso, António |
author_facet |
Afonso, António Silva, Jorge |
author_role |
author |
author2 |
Silva, Jorge |
author2_role |
author |
dc.contributor.none.fl_str_mv |
Repositório da Universidade de Lisboa |
dc.contributor.author.fl_str_mv |
Afonso, António Silva, Jorge |
dc.subject.por.fl_str_mv |
10-Year Sovereign Yield Economic and Financial Adjustment Programme Portugal Ireland |
topic |
10-Year Sovereign Yield Economic and Financial Adjustment Programme Portugal Ireland |
description |
We assess the determinants of the 10-year sovereign yield for the period 2000–2015, in Portugal and in Ireland. Results show that the long-term Portuguese sovereign yield increased with the rise of the 10-year Bund yield and during the Securities Markets Programme, but decreased due to financial integration. Additionally, during the period of the economic and financial adjustment programme, there was evidence of additional rises (decreases) due to increases (decreases) in the 3-month Euribor rate, and the level of public debt. EU/IMF funding reduced sovereign yield. |
publishDate |
2018 |
dc.date.none.fl_str_mv |
2018 2018-01-01T00:00:00Z 2019-04-10T13:46:59Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.5/17724 |
url |
http://hdl.handle.net/10400.5/17724 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Afonso, António and Jorge Silva .(2018). "Debt crisis and 10-year sovereign yields in Ireland and in Portugal". Applied Economics Letters, Vol. 25, No. 4: pp. 217-222 1350-4851 10.1080/13504851.2017.1310991 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Taylor & Francis Group |
publisher.none.fl_str_mv |
Taylor & Francis Group |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
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1799131119564619776 |