Convergence of the Bond Yields in Dependence on the EU
Accession and Financial Crisis: The Case of Visegrad Group

D 2014

Convergence of the Bond Yields in Dependence on the EU Accession and Financial Crisis: The Case of Visegrad Group

HVOZDENSKÁ, Jana

Základní údaje

Originální název

Convergence of the Bond Yields in Dependence on the EU Accession and Financial Crisis: The Case of Visegrad Group

Autoři

HVOZDENSKÁ, Jana

Vydání

Ostrava, Proceedings of the 2nd International Conference on European Integration 2014, od s. 272 - 279, 8 s. 2014

Nakladatel

VŠB - Technical University of Ostrava

Další údaje

Jazyk

angličtina

Typ výsledku

Stať ve sborníku

Obor

50600 5.6 Political science

Stát vydavatele

Česká republika

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

tištěná verze "print"

Označené pro přenos do RIV

Ano

Kód RIV

RIV/00216224:14560/14:00075770

Organizační jednotka

Ekonomicko-správní fakulta

ISBN

978-80-248-3388-0

UT WoS

000346144900029

Klíčová slova anglicky

Beta-converegence; bond yields; integration of bond markets

Příznaky

Mezinárodní význam, Recenzováno

Změněno: 20. 3. 2015 10:41, Ing. Bc. Jana Hvozdenská, Ph.D.

Anotace

V originále

The aim of this paper is to analyse the influence of the EU accession and financial crisis to convergence and integration of the bond yields and bond markets. The results show the deepening of bond market convergence after the EU accession and the integration has continued until the end of the observed period. The chosen indicators are monthly mid-term bond yields (10-year bond yields). The period of 1/2000 to 2/2014 was chosen in order to show the impacts of the changes. The time period was divided into periods 1/2000 - 4/2004 (before the EU accession), 5/2004 - 7/2007 (after the accession and before financial crisis), 8/2007 - 3/2009 (period of the deepest financial crisis), 4/2009 - 2/2014 (period after financial crisis). Used methods are 1) spread between the 10-year bond yields of countries V4 (Czech Republic, Slovakia, Poland and Hungary) and German 10-year bond yield, 2) analysis of alignment, 3) Beta-convergence.

Návaznosti

MUNI/A/0786/2013, interní kód MU

Název: Analýza a predikce vývoje cen finančních a investičních nástrojů

Investor: Masarykova univerzita, Analýza a predikce vývoje cen finančních a investičních nástrojů, DO R. 2020_Kategorie A - Specifický výzkum - Studentské výzkumné projekty

Citovat

HVOZDENSKÁ, Jana. Convergence of the Bond Yields in Dependence on the EU Accession and Financial Crisis: The Case of Visegrad Group. In Honová Iva et al. Proceedings of the 2nd International Conference on European Integration 2014. Ostrava: VŠB - Technical University of Ostrava, 2014, s. 272 - 279. ISBN 978-80-248-3388-0.

@inproceedings{1186485,
   author = {Hvozdenská, Jana},
   address = {Ostrava},
   booktitle = {Proceedings of the 2nd International Conference on European Integration 2014},
   editor = {Honová Iva et al},
   keywords = {Beta-converegence; bond yields; integration of bond markets},
   howpublished = {tištěná verze "print"},
   language = {eng},
   location = {Ostrava},
   isbn = {978-80-248-3388-0},
   pages = {272 - 279},
   publisher = {VŠB - Technical University of Ostrava},
   title = {Convergence of the Bond Yields in Dependence on the EU Accession and Financial Crisis: The Case of Visegrad Group},
   year = {2014}
}

TY  - CONF
ID  - 1186485
AU  - Hvozdenská, Jana
PY  - 2014
TI  - Convergence of the Bond Yields in Dependence on the EU Accession and Financial Crisis: The Case of Visegrad Group
PB  - VŠB - Technical University of Ostrava
CY  - Ostrava
SN  - 9788024833880
KW  - Beta-converegence
KW  - bond yields
KW  - integration of bond markets
N2  - The aim of this paper is to analyse the influence of the EU accession and financial crisis to convergence and integration of the bond yields and bond markets. The results show the deepening of bond market convergence after the EU accession and the integration has continued until the end of the observed period. The chosen indicators are monthly mid-term bond yields (10-year bond yields). The period of 1/2000 to 2/2014 was chosen in order to show the impacts of the changes. The time period was divided into periods 1/2000 - 4/2004 (before the EU accession), 5/2004 - 7/2007 (after the accession and before financial crisis), 8/2007 - 3/2009 (period of the deepest financial crisis), 4/2009 - 2/2014 (period after financial crisis). Used methods are 1) spread between the 10-year bond yields of countries V4 (Czech Republic, Slovakia, Poland and Hungary) and German 10-year bond yield, 2) analysis of alignment, 3) Beta-convergence.
ER  -

HVOZDENSKÁ, Jana. Convergence of the Bond Yields in Dependence on the EU Accession and Financial Crisis: The Case of Visegrad Group. In Honová Iva et al. \textit{Proceedings of the 2nd International Conference on European Integration 2014}. Ostrava: VŠB - Technical University of Ostrava, 2014, s.~272 - 279. ISBN~978-80-248-3388-0.

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