Do sovereign bond spreads in inflation targeting economies reflect creditworthiness and anticipate stress scenarios?

Fil: Hatcherian, Georges. Universidad de San Andrés. Escuela de Administración y Negocios; Argentina.

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Detalles Bibliográficos
Autor principal: Hatcherian, Georges
Otros Autores: Warnes, Ignacio
Formato: Tesis Tesis de maestría updatedVersion
Lenguaje:Inglés
Publicado: Universidad de San Andrés. Escuela de Administración y Negocios. 2014
Materias:
Government securities > Econometric models.
Inflation (Finance) > Econometric models.
Títulos públicos > Modelos econométricos.
Inflación (Finanzas) > Modelos econométricos.
Acceso en línea:http://hdl.handle.net/10908/2727
http://hdl.handle.net/10908/2727
Aporte de:
Repositorio Digital - Universidad de San Andrés (UdeSa) de Universidad de San Andrés
id I37-R143-10908-2727
record_format dspace
spelling I37-R143-10908-27272022-11-30T15:11:24Z Do sovereign bond spreads in inflation targeting economies reflect creditworthiness and anticipate stress scenarios? Hatcherian, Georges Warnes, Ignacio Government securities -- Econometric models. Inflation (Finance) -- Econometric models. Títulos públicos -- Modelos econométricos. Inflación (Finanzas) -- Modelos econométricos. Fil: Hatcherian, Georges. Universidad de San Andrés. Escuela de Administración y Negocios; Argentina. When successfully executed, inflation targeting (IT) has managed to prevent situations of fiscal dominance and to anchor inflation expectations. This has helped enhance the information content of the price of government bonds and the perception of sovereign risk, thus adding resiliency to sovereign spreads. The paper assesses the resilience of sovereign spreads of IT economies to shocks and compares with those of countries with other policy frameworks. I conclude that, while in the short term sovereign spreads of IT economies are more resilient to macroeconomic volatilities, they tend to widen in the long run after the shock occurs anyway, independently of the monetary policy framework. 2014-11-04T12:32:50Z 2014-11-04T12:32:50Z 2012-09 Tesis info:eu-repo/semantics/masterThesis info:ar-repo/semantics/tesis de maestría info:eu-repo/semantics/updatedVersion Tesis M. Fin. 46 http://hdl.handle.net/10908/2727 http://hdl.handle.net/10908/2727 eng info:eu-repo/semantics/openAccess https://creativecommons.org/licenses/by-nc-nd/4.0/ application/pdf Universidad de San Andrés. Escuela de Administración y Negocios.
institution Universidad de San Andrés
institution_str I-37
repository_str R-143
collection Repositorio Digital - Universidad de San Andrés (UdeSa)
language Inglés
topic Government securities -- Econometric models.
Inflation (Finance) -- Econometric models.
Títulos públicos -- Modelos econométricos.
Inflación (Finanzas) -- Modelos econométricos.
spellingShingle Government securities -- Econometric models.
Inflation (Finance) -- Econometric models.
Títulos públicos -- Modelos econométricos.
Inflación (Finanzas) -- Modelos econométricos.
Hatcherian, Georges
Do sovereign bond spreads in inflation targeting economies reflect creditworthiness and anticipate stress scenarios?
topic_facet Government securities -- Econometric models.
Inflation (Finance) -- Econometric models.
Títulos públicos -- Modelos econométricos.
Inflación (Finanzas) -- Modelos econométricos.
description Fil: Hatcherian, Georges. Universidad de San Andrés. Escuela de Administración y Negocios; Argentina.
author2 Warnes, Ignacio
author_facet Warnes, Ignacio
Hatcherian, Georges
format Tesis
Tesis de maestría
Tesis de maestría
updatedVersion
author Hatcherian, Georges
author_sort Hatcherian, Georges
title Do sovereign bond spreads in inflation targeting economies reflect creditworthiness and anticipate stress scenarios?
title_short Do sovereign bond spreads in inflation targeting economies reflect creditworthiness and anticipate stress scenarios?
title_full Do sovereign bond spreads in inflation targeting economies reflect creditworthiness and anticipate stress scenarios?
title_fullStr Do sovereign bond spreads in inflation targeting economies reflect creditworthiness and anticipate stress scenarios?
title_full_unstemmed Do sovereign bond spreads in inflation targeting economies reflect creditworthiness and anticipate stress scenarios?
title_sort do sovereign bond spreads in inflation targeting economies reflect creditworthiness and anticipate stress scenarios?
publisher Universidad de San Andrés. Escuela de Administración y Negocios.
publishDate 2014
url http://hdl.handle.net/10908/2727
http://hdl.handle.net/10908/2727
work_keys_str_mv AT hatcheriangeorges dosovereignbondspreadsininflationtargetingeconomiesreflectcreditworthinessandanticipatestressscenarios
_version_ 1775145545332948992

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