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Relations between yields of government bonds in GIIPS countries during the sovereign debt crisis in the EMU

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F15%3A%230003634" target="_blank" >RIV/47813059:19520/15:#0003634 - isvavai.cz</a>

  • Result on the web

    <a href="http://www.ekf.vsb.cz/hpveu/en/09-proceedings/2015-proceedings/" target="_blank" >http://www.ekf.vsb.cz/hpveu/en/09-proceedings/2015-proceedings/</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Relations between yields of government bonds in GIIPS countries during the sovereign debt crisis in the EMU

  • Original language description

    The aim of the paper is to estimate how a volatility of yields of the Greek bonds affects yields volatilities of bonds in selected European countries during the period of the sovereign debt crisis in the EMU. We obtained data for 10 years bonds in weeklyfrequency from January 2006 till the end of December 2014. To make a comparison of pre-crisis period we firstly investigate a bond yield's volatility before 15th September 2008, when U.S. Leman Brothers bankrupted and the global financial crisis had been reflected in full. However, a period of the global financial crisis could also negatively affect to the development of government bonds. Therefore, the period after Leman Brothers' bankruptcy has been excluded and our crisis period starts after 23rd April 2010, when Greece asked the IMF for its financial help and the sovereign debt crisis had been reflected in full.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2015

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Proceedings of the 13th International Conference ECONOMIC POLICY IN THE EUROPEAN UNION MEMBER COUNTRIES

  • ISBN

    978-80-248-3796-3

  • ISSN

  • e-ISSN

  • Number of pages

    9

  • Pages from-to

    793-801

  • Publisher name

    VŠB - TU Ostrava

  • Place of publication

    Ostrava

  • Event location

    Karolinka, Beskydy

  • Event date

    Sep 2, 2015

  • Type of event by nationality

    CST - Celostátní akce

  • UT code for WoS article