- home
- Advanced Search
Filters
Clear All- SDSN - Greece
- Publications
- Research software
- European Commission
- EC|H2020
- SDSN - Greece
- Publications
- Research software
- European Commission
- EC|H2020
Loading
description Publicationkeyboard_double_arrow_right Article , Other literature type 2016 United Kingdom, France, FrancePublisher:Elsevier BV Funded by:EC | ADEMU, EC | FESSUD, ANR | ReFiEC| ADEMU ,EC| FESSUD ,ANR| ReFiAuthors: Portes, Richard; Fouquau, Julien; Delatte, Anne-Laure;Portes, Richard; Fouquau, Julien; Delatte, Anne-Laure;Previous work has documented a greater sensitivity of long-term government bond yields to fundamentals in euro area peripheral countries during the euro crisis, but we know little about the driver(s) of regime switches. Our estimates based on a panel smooth threshold regression model quantify and explain them: (1) investors have penalized a deterioration of fundamentals more strongly from 2010 to 2012; (2) the higher the bank credit risk, measured with the premium on credit derivatives, the higher the extra premium on fundamentals; (3) after ECB President Draghi’s speech in July 2012, it took 1 year to restore the noncrisis regime and suppress the extra premium.
CORE (RIOXX-UK Aggre... arrow_drop_down Review of FinanceOther literature type . Article . 2016 . Peer-reviewedhttps://doi.org/doi:10.1093/ro...Other literature typeData sources: European Union Open Data Portaladd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://www.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.2139/ssrn.3723355&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess RoutesGreen hybrid 40 citations 40 popularity Top 10% influence Top 10% impulse Top 10% Powered by BIP!visibility 9visibility views 9 download downloads 32 Powered bymore_vert CORE (RIOXX-UK Aggre... arrow_drop_down Review of FinanceOther literature type . Article . 2016 . Peer-reviewedhttps://doi.org/doi:10.1093/ro...Other literature typeData sources: European Union Open Data Portaladd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://www.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.2139/ssrn.3723355&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu
Loading
description Publicationkeyboard_double_arrow_right Article , Other literature type 2016 United Kingdom, France, FrancePublisher:Elsevier BV Funded by:EC | ADEMU, EC | FESSUD, ANR | ReFiEC| ADEMU ,EC| FESSUD ,ANR| ReFiAuthors: Portes, Richard; Fouquau, Julien; Delatte, Anne-Laure;Portes, Richard; Fouquau, Julien; Delatte, Anne-Laure;Previous work has documented a greater sensitivity of long-term government bond yields to fundamentals in euro area peripheral countries during the euro crisis, but we know little about the driver(s) of regime switches. Our estimates based on a panel smooth threshold regression model quantify and explain them: (1) investors have penalized a deterioration of fundamentals more strongly from 2010 to 2012; (2) the higher the bank credit risk, measured with the premium on credit derivatives, the higher the extra premium on fundamentals; (3) after ECB President Draghi’s speech in July 2012, it took 1 year to restore the noncrisis regime and suppress the extra premium.
CORE (RIOXX-UK Aggre... arrow_drop_down Review of FinanceOther literature type . Article . 2016 . Peer-reviewedhttps://doi.org/doi:10.1093/ro...Other literature typeData sources: European Union Open Data Portaladd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://www.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.2139/ssrn.3723355&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess RoutesGreen hybrid 40 citations 40 popularity Top 10% influence Top 10% impulse Top 10% Powered by BIP!visibility 9visibility views 9 download downloads 32 Powered bymore_vert CORE (RIOXX-UK Aggre... arrow_drop_down Review of FinanceOther literature type . Article . 2016 . Peer-reviewedhttps://doi.org/doi:10.1093/ro...Other literature typeData sources: European Union Open Data Portaladd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://www.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.2139/ssrn.3723355&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu