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Título
What drives sovereign debt maturity in European countries?
Autor
Facultad/Centro
Área de conocimiento
Título de la revista
Panoeconomicus
Número de la revista
2
Cita Bibliográfica
González-Fernández, M., y González-Velasco, C. (2018). What drives sovereign debt maturity in European countries? Panoeconomicus, 65(2), 137–161. https://doi.org/10.2298/PAN151224010G.
Editorial
The Association of Economists of Vojvodina (Serbia)
Fecha
2018
ISSN
1452-595X
Resumen
[EN] The aim of this paper is to study the determinants of sovereign debt
maturity for 23 European countries during the period between 1995 and 2013.
For this purpose, we use quantile regressions with robust standard errors clustered
by countries to consider the impact of the determinants in the entire distribution.
The results indicate a positive relation between the level of debt of the
country and sovereign debt maturity, particularly for countries with the lowest
debt maturity. We also find evidence of a negative relationship between sovereign
risk and debt maturity for the lowest and intermediate values of the debt
maturity.
Materia
Palabras clave
Peer review
SI
URI
DOI
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