Abstract
Since 2009, concern about sovereign default risk widens the European bond spread. The Spanish spread surged due to larger-than-expected budget deficit. Therefore, term structure model that links fiscal exposure can explain how yield evolves during crisis.
| Original language | English |
|---|---|
| Pages (from-to) | 53-54 |
| Number of pages | 2 |
| Journal | Expo 2012 Higher Degree Research : book of abstracts |
| Publication status | Published - 2012 |
| Event | Higher Degree Research Expo (8th : 2012) - Sydney Duration: 12 Nov 2012 → 13 Nov 2012 |