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dc.creatorEspinosa-Torres, Juan Andrés
dc.creatorGómez-González, José Eduardo
dc.creatorMelo-Velandia, Luis Fernando
dc.creatorMoreno-Gutiérrez, José Fernando
dc.date.created2015-03-02
dc.date.issued2015-03-02
dc.identifier.urihttp://repositorio.banrep.gov.co/handle/20.500.12134/6158
dc.description.abstractWe study the effect of shocks to the United States government bonds term premium on Latin American government bonds term premia. For doing so, we compute dynamic multipliers. Our main findings indicate that Latin American countries' term premia respond pe
dc.format.mimetypePDF
dc.language.isospa
dc.publisherBanco de la República
dc.relation.ispartofDocumentos de Trabajo
dc.relation.ispartofseriesBorradores de Economía
dc.relation.isversionofBorradores de Economía; No. 869
dc.rights.accessRightsOpen Access
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/
dc.titleThe international transmission of risk : causal relations among developed and emerging countries' term premia
dc.typeWorking Paper
dc.subject.jelE43 - Interest Rates: Determination, Term Structure, and Effects
dc.subject.jelF36 - Financial Aspects of Economic Integration
dc.subject.jelC22 - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion processes
dc.subject.keywordTerm premium
dc.subject.keywordSovereign risk
dc.subject.keywordLatin America
dc.subject.keywordDynamic multipliers
dc.subject.lembDeuda pública -- América Latina
dc.subject.lembDeuda pública -- Brasil
dc.subject.lembDeuda pública -- Colombia
dc.subject.lembBonos de deuda pública -- Estados Unidos
dc.subject.lembDeuda pública -- México
dc.type.spaDocumentos de trabajo
dc.rights.spaAcceso abierto
dc.rights.ccAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0
dc.subject.jelspaC22 - Modelos de series temporales; Regresiones cuantiles dinámicas; Modelos dinámicos de tratamiento; procesos de difusión
dc.subject.jelspaF36 - Aspectos financieros de la integración económica
dc.subject.jelspaE43 - Tipos de interés: determinación, estructura temporal y efectos
dc.type.hasversionPublished Version
dc.coverage.sucursalBogotá
dc.relation.doihttps://doi.org/10.32468/be.869
dc.rights.disclaimerLas opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
dc.relation.numberBorrador 869
dc.relation.repechttps://ideas.repec.org/p/bdr/borrec/869.html
dc.identifier.handlehttp://hdl.handle.net/20.500.12134/6158
dc.creator.firmaLuis Fernando Melo-Velandia
dc.source.handleRepecRePEc:bdr:borrec:869


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This work is licensed under a Creative Commons Reconocimiento-NoComercial 4.0.This document has been deposited by the author (s) under the following certificate of deposit