Financial stress and sovereign debt composition

doi:10.1080/13504851.2015.1100241

Utilize este identificador para referenciar este registo: https://hdl.handle.net/1822/40006

Registo completo

Campo DC	Valor	Idioma
dc.contributor.author	Agnello, Luca	por
dc.contributor.author	Castro, Vítor	por
dc.contributor.author	Jalles, João Tovar	por
dc.contributor.author	Sousa, Ricardo M.	por
dc.date.accessioned	2016-02-02T13:34:35Z	-
dc.date.issued	2016	-
dc.identifier.issn	1350-4851	por
dc.identifier.issn	1466-4291	por
dc.identifier.uri	https://hdl.handle.net/1822/40006	-
dc.description	"Published online: 19 Oct 2015"	por
dc.description.abstract	Using a panel of 13 advanced economies for the period 1980–2012, we find that periods of impaired financial intermediation mainly accrue to maturity mismatches in sovereign debt. Thus, a higher (lower) share of short-term (medium and long-term) debt leads to an increase in the financial stress index. From a policy perspective, our work suggests that debt management policies translated into longer average maturities of sovereign debt not only reduce the expected debt servicing cost, but also mitigate strains in the financial sector.	por
dc.description.sponsorship	FCT Fundação para a Ciência e Tecnologia (COMPETE 2020, PORTUGAL 2020, FEDER)	por
dc.language.iso	eng	por
dc.publisher	Taylor and Francis	por
dc.relation	info:eu-repo/grantAgreement/FCT/COMPETE/132945/PT	por
dc.rights	restrictedAccess	por
dc.subject	Financial stress	por
dc.subject	Sovereign debt composition	por
dc.subject	Currency	por
dc.subject	Maturity	por
dc.subject	Holders	por
dc.subject	Marketability	por
dc.subject	H63	por
dc.subject	H12	por
dc.subject	G01	por
dc.subject	G15	por
dc.title	Financial stress and sovereign debt composition	por
dc.type	article	por
dc.peerreviewed	yes	por
dc.relation.publisherversion	http://www.tandfonline.com/doi/pdf/10.1080/13504851.2015.1100241	por
sdum.publicationstatus	published	por
oaire.citationStartPage	678	por
oaire.citationEndPage	683	por
oaire.citationIssue	9	por
oaire.citationTitle	Applied economics letters	por
oaire.citationVolume	23	por
dc.identifier.doi	10.1080/13504851.2015.1100241	por
dc.subject.wos	Social Sciences	por
sdum.journal	Applied economics letters	por
Aparece nas coleções:	NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica