Long-term government bond yields and economic forecasts: evidence for the EU

Detalhes bibliográficos
Autor(a) principal: Afonso, António
Data de Publicação: 2010
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/25623
Resumo: I use a panel of semi-annual vintages of growth and fiscal forecasts of the European Commission, covering the period 1998:II–2008:II, to assess its effects on 10-year government yields for 14 EU countries. Results show that yields increase with better growth forecasts and with decreases in budget balance-to-GDP rations, signaling that sovereigns may need to pay more to finance higher budget deficits in the market.
id RCAP_41c24353b62afd0a9529c3024b5d23fb
oai_identifier_str oai:www.repository.utl.pt:10400.5/25623
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling Long-term government bond yields and economic forecasts: evidence for the EUFiscal ForecastsEuropean ComissionBudget DeficitsI use a panel of semi-annual vintages of growth and fiscal forecasts of the European Commission, covering the period 1998:II–2008:II, to assess its effects on 10-year government yields for 14 EU countries. Results show that yields increase with better growth forecasts and with decreases in budget balance-to-GDP rations, signaling that sovereigns may need to pay more to finance higher budget deficits in the market.Taylor & Francis GroupRepositório da Universidade de LisboaAfonso, António2022-09-29T10:23:02Z20102010-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/25623engAfonso, António.(2010). "Long-term government bond yields and economic forecasts: evidence for the EU" .Applied Economics Letters, Vol. 17, No.15: pp. 1437-1441.1466-4291 (Online)10.1080/13504850903049627info: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:RCAAP2023-03-06T14:55:10Zoai:www.repository.utl.pt:10400.5/25623Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:09:26.531695Repositório 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 Long-term government bond yields and economic forecasts: evidence for the EU
title Long-term government bond yields and economic forecasts: evidence for the EU
spellingShingle Long-term government bond yields and economic forecasts: evidence for the EU
Afonso, António
Fiscal Forecasts
European Comission
Budget Deficits
title_short Long-term government bond yields and economic forecasts: evidence for the EU
title_full Long-term government bond yields and economic forecasts: evidence for the EU
title_fullStr Long-term government bond yields and economic forecasts: evidence for the EU
title_full_unstemmed Long-term government bond yields and economic forecasts: evidence for the EU
title_sort Long-term government bond yields and economic forecasts: evidence for the EU
author Afonso, António
author_facet Afonso, António
author_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Afonso, António
dc.subject.por.fl_str_mv Fiscal Forecasts
European Comission
Budget Deficits
topic Fiscal Forecasts
European Comission
Budget Deficits
description I use a panel of semi-annual vintages of growth and fiscal forecasts of the European Commission, covering the period 1998:II–2008:II, to assess its effects on 10-year government yields for 14 EU countries. Results show that yields increase with better growth forecasts and with decreases in budget balance-to-GDP rations, signaling that sovereigns may need to pay more to finance higher budget deficits in the market.
publishDate 2010
dc.date.none.fl_str_mv 2010
2010-01-01T00:00:00Z
2022-09-29T10:23:02Z
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/10400.5/25623
url http://hdl.handle.net/10400.5/25623
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Afonso, António.(2010). "Long-term government bond yields and economic forecasts: evidence for the EU" .Applied Economics Letters, Vol. 17, No.15: pp. 1437-1441.
1466-4291 (Online)
10.1080/13504850903049627
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
_version_ 1799131189333721088

Registros relacionados