The Term Structure of Interest Rates in a Heterogeneous Monetary Union
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- James Costain & Galo Nuño & Carlos Thomas, 2022. "The Term Structure of Interest Rates in a Heterogeneous Monetary Union," CESifo Working Paper Series 9844, CESifo.
- James Costain & Galo Nuño Barrau & Carlos Thomas, 2024. "The term structure of interest rates in a heterogeneous monetary union," BIS Working Papers 1165, Bank for International Settlements.
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Citations
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"How quantitative easing changes the nature of sovereign risk,"
Journal of International Money and Finance, Elsevier, vol. 137(C).
- Dirk Broeders & Leo de Haan & Jan Willem van den End, 2022. "How QE changes the nature of sovereign risk," Working Papers 737, DNB.
- Pablo Burriel & Mar Delgado-Téllez & Camila Figueroa & Iván Kataryniuk & Javier J. Pérez, 2024. "Estimating the contribution of macroeconomic factors to sovereign bond spreads in the euro area," Working Papers 2408, Banco de España.
- Equiza, Juan & Gimeno, Ricardo & Moreno, Antonio & Thomas, Carlos, 2024. "Evaluating the yield curve effects of central bank asset purchases under a forward-looking supply factor," European Economic Review, Elsevier, vol. 165(C).
- Jouvanceau, Valentin & Mikaliunaite-Jouvanceau, Ieva, 2023. "ECB monetary communications: Market fragmentation at stake," Economics Letters, Elsevier, vol. 225(C).
- Nissinen, Juuso & Sihvonen, Markus, 2024.
"Bond convenience curves and funding costs,"
Journal of International Economics, Elsevier, vol. 151(C).
- Nissinen, Juuso & Sihvonen, Markus, 2022. "Bond convenience curves and funding costs," Bank of Finland Research Discussion Papers 11/2022, Bank of Finland.
- Jappelli, Ruggero & Pelizzon, Loriana & Subrahmanyam, Marti G., 2023. "Quantitative easing, the repo market, and the term structure of interest rates," SAFE Working Paper Series 395, Leibniz Institute for Financial Research SAFE.
- Robin Greenwood & Samuel Hanson & Dimitri Vayanos, 2023. "Supply and Demand and the Term Structure of Interest Rates," NBER Working Papers 31879, National Bureau of Economic Research, Inc.
- Motto, Roberto & Özen, Kadir, 2022. "Market-stabilization QE," Working Paper Series 2640, European Central Bank.
- Christophe Blot & Caroline Bozou & Jérôme Creel & Paul Hubert, 2022. "The Conditional Path of Central Bank Asset Purchases," Working papers 885, Banque de France.
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More about this item
Keywords
sovereign default; quantitative easing; yield curve; affine model; COVID-19 crisis; ECB; pandemic emergency purchase programme;All these keywords.
JEL classification:
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- F45 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Macroeconomic Issues of Monetary Unions
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2022-08-29 (Central Banking)
- NEP-EEC-2022-08-29 (European Economics)
- NEP-MON-2022-08-29 (Monetary Economics)
- NEP-OPM-2022-08-29 (Open Economy Macroeconomics)
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