|
Constant |
Variable |
Fixed Long |
Fixed Short |
FX |
Indexed |
R2 | |
|
Ψl,2 |
0.36 |
-0.646 |
0.227 |
1.388 |
0.767 |
-6.147 |
0.19 |
|
(0.58) |
(0.69) |
(0.80) |
(0.60) |
(0.57) |
(0.24) | ||
|
Ψl,3 |
0.96 |
0.626 |
0.539 |
2.467 |
1.143 |
-14.369 |
-0.15 |
|
(0.63) |
(0.90) |
(0.85) |
(0.76) |
(0.77) |
(0.34) | ||
|
Ψl,5 |
1.20 |
2.415 (0.72) |
0.326 |
3.337 |
1.311 (0.81) |
-17.866 (0.39) |
-0.32 |
|
Ψ2,2 |
0.06 |
-0.183 |
0.729 |
2.414 |
0.881 |
-7.291 |
-0.01 |
|
(0.94) |
(0.93) |
(0.57) |
(0.52) |
(0.63) |
(0.29) | ||
|
Ψ2,3 |
-0.94 (0.79) |
2.995 |
3.842 |
10.245 |
4.077 |
-24.819 (0.36) |
-0.25 |
|
Ψ2,5 |
2.67 |
-2.226 (0.83) |
-1.300 (0.83) |
4.785 |
1.498 |
-29.169 (0.37) |
-0.5 |
|
Im |
1.514 |
-0.773 |
-1.135 |
-0.946 |
-5.687 |
4.107 |
0.74 |
|
(0.11) |
(0.68) |
(0.33) |
(0.76) |
(0.03) |
(0.46) | ||
|
φ*1 |
0.654 |
0.484 |
-0.207 |
1.281 |
-0.393 |
-9.104 |
0.62 |
|
1 |
(0.27) |
(0.72) |
(0.78) |
(0.57) |
(0.72) |
(0.08) | |
|
ɪ* <τ> o |
2.438 |
-4.743 |
-2.461 |
-2.087 |
-1.148 |
-9.003 |
0.27 |
|
*∙* 3 |
(0.10) |
(0.17) |
(0.20) |
(0.66) |
(0.63) |
(0.32) | |
|
φ*5 |
1.600 |
-0.252 |
-0.152 |
5.312 |
-1.446 |
-19.343 |
-0.23 |
|
5 |
(0.55) |
(0.97) |
(0.97) |
(0.63) |
(0.79) |
(0.34) |
Table 7 - Portfolio Determinants of Fiscal Insurance II
Table shows regression results of Pi = a+bxVariablei+cFixediLongtermi+dFixedshort+eForeignCurrency
+ flndexedi where Pi is the variable listed in the first column, Maturityi is the average maturity length of
bonds for country i in our sample, Variablei denotes the proportion of variable rate debt, FixedLongterm
the proportion of fixed long term debt issued Number in each cell is the estimated coefficient and in paran-
theses the p-value of significance for each variable.
40
More intriguing information
1. Skills, Partnerships and Tenancy in Sri Lankan Rice Farms2. The name is absent
3. Innovation Trajectories in Honduras’ Coffee Value Chain. Public and Private Influence on the Use of New Knowledge and Technology among Coffee Growers
4. Ventas callejeras y espacio público: efectos sobre el comercio de Bogotá
5. The name is absent
6. The ultimate determinants of central bank independence
7. Developments and Development Directions of Electronic Trade Platforms in US and European Agri-Food Markets: Impact on Sector Organization
8. The name is absent
9. The name is absent
10. The name is absent