IDEAS home Printed from https://ideas.repec.org/a/ids/ijsuse/v1y2009i2p144-154.html
   My bibliography  Save this article

On the efficiency of Slovenian government debt market: empirical analysis with Nelson-Siegel model

Author

Listed:
  • Andraz Grum
  • Primoz Dolenc

Abstract

Government securities market is traditionally one of the most efficient segments of financial market with a broader meaning for the national economy. It is used by a variety of market participants including for conducting monetary policy. In order to play this crucial role, the government securities market needs to be efficient. The main idea of the current article is to find whether secondary market for government securities in Slovenia is efficient. We found that introduction of secondary market led to an efficient market. However, some changes in government policy announced in mid-2006 caused fall in its efficiency.

Suggested Citation

  • Andraz Grum & Primoz Dolenc, 2009. "On the efficiency of Slovenian government debt market: empirical analysis with Nelson-Siegel model," International Journal of Sustainable Economy, Inderscience Enterprises Ltd, vol. 1(2), pages 144-154.
  • Handle: RePEc:ids:ijsuse:v:1:y:2009:i:2:p:144-154
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=23044
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijsuse:v:1:y:2009:i:2:p:144-154. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Darren Simpson). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=301 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.