Determinants of sub-sovereign bond yield spreads : the role of fiscal fundamentals and federal bailout expectations
Year of publication: |
December 2017
|
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Authors: | Beck, Roland ; Ferrucci, Gianluigi ; Hantzsche, Arno ; Rau-Göhring, Matthias |
Published in: |
Journal of international money and finance. - Amsterdam [u.a.] : Elsevier, ISSN 0261-5606, ZDB-ID 872014-9. - Vol. 79.2017, p. 72-98
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Subject: | Fiscal federalism | Sub-national governments | Sovereign bond spreads | Government debt | Öffentliche Anleihe | Public bond | Öffentliche Schulden | Public debt | Zinsstruktur | Yield curve | Finanzbeziehungen | Fiscal relations | Finanzausgleich | Intergovernmental transfers | Schuldenübernahme | Bailout | Finanzpolitik | Fiscal policy |
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