Influence of country risk on the yield of Peru’s sovereign bonds
Descripción del Articulo
The research carried out aims to analyze the degree of influence between country risk measured through EMBIG and the yield of sovereign bonds issued by the public sector of Peru. The study is longitudinal, for which information is taken from the Central Reserve Bank of Peru and a multiple regression...
| Autores: | , , |
|---|---|
| Formato: | artículo |
| Fecha de Publicación: | 2021 |
| Institución: | Universidad Privada de Tacna |
| Repositorio: | Revistas - Universidad Privada de Tacna |
| Lenguaje: | español |
| OAI Identifier: | oai:ojs2.172.30.101.191:article/560 |
| Enlace del recurso: | https://revistas.upt.edu.pe/ojs/index.php/vestsc/article/view/560 |
| Nivel de acceso: | acceso abierto |
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Influence of country risk on the yield of Peru’s sovereign bondsInfluencia del riesgo país en el rendimiento de los bonos soberanos de PerúCastañeda Vargas, Winston AdriánBueno Mariaca, Walther ArturoArias Vascones, Gerardo RenatoThe research carried out aims to analyze the degree of influence between country risk measured through EMBIG and the yield of sovereign bonds issued by the public sector of Peru. The study is longitudinal, for which information is taken from the Central Reserve Bank of Peru and a multiple regression model was used to verify the results, in order to establish the degree of causality between both variables. It was concluded that both the dependent variable treated as endogenous and lagged one period, as well as the country risk, significantly influence the yield of sovereign bonds issued by Peru.La investigación desarrollada tiene como objetivo analizar el grado de influencia entre el riesgo país medido a través de EMBIG y el rendimiento de los bonos soberanos emitidos por el sector público de Perú. El estudio es de tipo longitudinal, para lo cual se toma información del Banco Central de Reserva del Perú y para comprobar los resultados se utilizó un modelo de regresión múltiple, con la finalidad de establecer el grado de causalidad entre ambas variables. Se concluyó que tanto la variable dependiente tratada como endógena y rezagada un periodo, así como el riesgo país, influyen significativamente en el rendimiento de los bonos soberanos emitidos por el Perú.Universidad Privada de Tacna2021-11-30info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdftext/htmlhttps://revistas.upt.edu.pe/ojs/index.php/vestsc/article/view/56010.47796/ves.v10i2.560Veritas et Scientia; Vol. 10 Núm. 2 (2021): Veritas et Scientia; 180 - 190Veritas et Scientia; Vol 10 No 2 (2021): Veritas et Scientia; 180 - 1902617-06392307-513910.47796/ves.v10i2reponame:Revistas - Universidad Privada de Tacnainstname:Universidad Privada de Tacnainstacron:UPTspahttps://revistas.upt.edu.pe/ojs/index.php/vestsc/article/view/560/495https://revistas.upt.edu.pe/ojs/index.php/vestsc/article/view/560/522Derechos de autor 2021 Winston Adrián Castañeda Vargas, Walther Arturo Bueno Mariaca, Gerardo Renato Arias Vasconeshttp://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessoai:ojs2.172.30.101.191:article/5602022-10-24T16:06:41Z |
| dc.title.none.fl_str_mv |
Influence of country risk on the yield of Peru’s sovereign bonds Influencia del riesgo país en el rendimiento de los bonos soberanos de Perú |
| title |
Influence of country risk on the yield of Peru’s sovereign bonds |
| spellingShingle |
Influence of country risk on the yield of Peru’s sovereign bonds Castañeda Vargas, Winston Adrián |
| title_short |
Influence of country risk on the yield of Peru’s sovereign bonds |
| title_full |
Influence of country risk on the yield of Peru’s sovereign bonds |
| title_fullStr |
Influence of country risk on the yield of Peru’s sovereign bonds |
| title_full_unstemmed |
Influence of country risk on the yield of Peru’s sovereign bonds |
| title_sort |
Influence of country risk on the yield of Peru’s sovereign bonds |
| dc.creator.none.fl_str_mv |
Castañeda Vargas, Winston Adrián Bueno Mariaca, Walther Arturo Arias Vascones, Gerardo Renato |
| author |
Castañeda Vargas, Winston Adrián |
| author_facet |
Castañeda Vargas, Winston Adrián Bueno Mariaca, Walther Arturo Arias Vascones, Gerardo Renato |
| author_role |
author |
| author2 |
Bueno Mariaca, Walther Arturo Arias Vascones, Gerardo Renato |
| author2_role |
author author |
| description |
The research carried out aims to analyze the degree of influence between country risk measured through EMBIG and the yield of sovereign bonds issued by the public sector of Peru. The study is longitudinal, for which information is taken from the Central Reserve Bank of Peru and a multiple regression model was used to verify the results, in order to establish the degree of causality between both variables. It was concluded that both the dependent variable treated as endogenous and lagged one period, as well as the country risk, significantly influence the yield of sovereign bonds issued by Peru. |
| publishDate |
2021 |
| dc.date.none.fl_str_mv |
2021-11-30 |
| dc.type.none.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
| format |
article |
| status_str |
publishedVersion |
| dc.identifier.none.fl_str_mv |
https://revistas.upt.edu.pe/ojs/index.php/vestsc/article/view/560 10.47796/ves.v10i2.560 |
| url |
https://revistas.upt.edu.pe/ojs/index.php/vestsc/article/view/560 |
| identifier_str_mv |
10.47796/ves.v10i2.560 |
| dc.language.none.fl_str_mv |
spa |
| language |
spa |
| dc.relation.none.fl_str_mv |
https://revistas.upt.edu.pe/ojs/index.php/vestsc/article/view/560/495 https://revistas.upt.edu.pe/ojs/index.php/vestsc/article/view/560/522 |
| dc.rights.none.fl_str_mv |
http://creativecommons.org/licenses/by/4.0 info:eu-repo/semantics/openAccess |
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http://creativecommons.org/licenses/by/4.0 |
| eu_rights_str_mv |
openAccess |
| dc.format.none.fl_str_mv |
application/pdf text/html |
| dc.publisher.none.fl_str_mv |
Universidad Privada de Tacna |
| publisher.none.fl_str_mv |
Universidad Privada de Tacna |
| dc.source.none.fl_str_mv |
Veritas et Scientia; Vol. 10 Núm. 2 (2021): Veritas et Scientia; 180 - 190 Veritas et Scientia; Vol 10 No 2 (2021): Veritas et Scientia; 180 - 190 2617-0639 2307-5139 10.47796/ves.v10i2 reponame:Revistas - Universidad Privada de Tacna instname:Universidad Privada de Tacna instacron:UPT |
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Universidad Privada de Tacna |
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UPT |
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UPT |
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Revistas - Universidad Privada de Tacna |
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Revistas - Universidad Privada de Tacna |
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Nota importante:
La información contenida en este registro es de entera responsabilidad de la institución que gestiona el repositorio institucional donde esta contenido este documento o set de datos. El CONCYTEC no se hace responsable por los contenidos (publicaciones y/o datos) accesibles a través del Repositorio Nacional Digital de Ciencia, Tecnología e Innovación de Acceso Abierto (ALICIA).
La información contenida en este registro es de entera responsabilidad de la institución que gestiona el repositorio institucional donde esta contenido este documento o set de datos. El CONCYTEC no se hace responsable por los contenidos (publicaciones y/o datos) accesibles a través del Repositorio Nacional Digital de Ciencia, Tecnología e Innovación de Acceso Abierto (ALICIA).
