Long-term government bond yields and economic forecasts: evidence for the EU
Applied Economics Letters, 2010, vol. 17, issue 15, pages 1437-1441
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.
References: Add references at CitEc
Citations View citations in EconPapers (12) Track citations by RSS feed
Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (text/html)
Access to full text is restricted to subscribers.
Working Paper: Long-term Government Bond Yields and Economic Forecasts: Evidence for the EU (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:taf:apeclt:v:17:y:2010:i:15:p:1437-1441
Ordering information: This journal article can be ordered from
Access Statistics for this article
Applied Economics Letters is currently edited by Anita Phillips
More articles in Applied Economics Letters from Taylor & Francis Journals
Series data maintained by Michael McNulty ().