Size matters for liquidity: Evidence from EMU sovereign yield spreads

The objective is to study the relative importance of domestic components of EMU sovereign yield spreads since the start of Monetary Integration. The results indicate a change in the market value of liquidity, as measured by market size, after EMU.

Detalhes bibliográficos
Autor: Gómez-Puig, Marta
Formato: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2006
País:España
Recursos:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
Repositorio:Recercat. Dipósit de la Recerca de Catalunya
OAI Identifier:oai:recercat.cat:2445/107188
Acesso em linha:https://hdl.handle.net/2445/107188
Access Level:acceso abierto
Palavra-chave:Unions monetàries
Risc (Economia)
Liquiditat (Economia)
Mercat monetari
Deute públic
Monetary unions
Risk
Liquidity (Economics)
Money market
Public debt
Descrição
Resumo:The objective is to study the relative importance of domestic components of EMU sovereign yield spreads since the start of Monetary Integration. The results indicate a change in the market value of liquidity, as measured by market size, after EMU.