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

Kód výsledku v 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>

Výsledek na webu

<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

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Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2015

Kód důvěrnosti údajů

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

Název statě ve sborníku

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

ISBN

978-80-248-3796-3

ISSN

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e-ISSN

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Počet stran výsledku

9

Strana od-do

793-801

Název nakladatele

VŠB - TU Ostrava

Místo vydání

Ostrava

Místo konání akce

Karolinka, Beskydy

Datum konání akce

2. 9. 2015

Typ akce podle státní příslušnosti

CST - Celostátní akce

Kód UT WoS článku

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