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Effect of the Spanish Sovereign Risk Premium on the IBEX 35. Evolution 2000–2016

  • Jessica Paule Vianez
  • Paola Plaza Casado
  • Sandra Escamilla Solano
  • Miguel Ángel Sánchez de Lara
Conference paper
Part of the Studies in Systems, Decision and Control book series (SSDC, volume 180)

Abstract

In a global world such as we live today, where any economic, social or environmental news affects not only the country where it originates, but it extends as a domino effect, it has a consequence that the information disclosure by the public institutions are must adequate to mitigate the impact that may be in their investors. The risk premium has become a fundamental element in analyzing the confidence that is deposited in the countries. Every day sees its fluctuation according to the news which are disclosed in both the economic and general press. Therefore, the objective of this work will be to analyze the relationship that the Spanish risk premium has in the IBEX 35. To do this, the period 2000 to 2016 will be taken as the basis of study. Notably as a main conclusion that the relationship between both variables exists, but not with the expected intensity.

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Jessica Paule Vianez
    • 1
  • Paola Plaza Casado
    • 1
  • Sandra Escamilla Solano
    • 1
  • Miguel Ángel Sánchez de Lara
    • 1
  1. 1.Universidad Rey Juan CarlosMadridSpain

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