On the efficiency of Slovenian government debt market: empirical analysis with Nelson-Siegel model
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.
Volume (Year): 1 (2009)
Issue (Month): 2 ()
|Contact details of provider:|| Web page: http://www.inderscience.com/browse/index.php?journalID=301 |
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: (Graham Langley)
If references are entirely missing, you can add them using this form.