期刊名称：Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
印刷版ISSN：1844-7007
出版年度：2015
期号：2
页码：28-36
语种：English
出版社：Academica Brâncuşi
摘要：“What drives government bonds?” or “what are the forces which are staying behind the yield of these bonds?” are questions,which are concerning both theoreticians and practitioners nowadays.This paper analyzes the way in which the domestic consumption,represented through households’ consumption,in Romania,is able to move the sovereign bond yield for the same country,on a short horizon.In order to do this,we have used in the current study,an autoregressive vector – VAR(1),in which are included the two mentioned variables.The analyzed period starts in 2008 (q1),it ends in 2012 (q3) and the used data is expressed quarterly.
