Publicação

Determinants of nonresident government debt ownership

Ver documento

Detalhes bibliográficos
Resumo:We examine the determinants of nonresident government debt ownership, accounting for domestic and external factors and financial variables during the period 2000Q2–2014Q4, focussing on a small euro area open economy: Portugal. Our results show that better fiscal positions, higher systematic stress in Europe and higher shares of monetary and financial institutions (MFI) cross-border holdings of public debt, increase the share of nonresident held debt, and rising sovereign yields decrease that ratio.
Autores principais:Afonso, António
Outros Autores:Silva, Jorge
Assunto:Sovereign Debt Central Bank Financial Markets Monetary and Financial Institutions Portugal
Ano:2017
País:Portugal
Tipo de documento:artigo
Tipo de acesso:acesso aberto
Instituição associada:Universidade de Lisboa
Idioma:inglês
Origem:Repositório da Universidade de Lisboa

Registos relacionados

Registos relacionados