Regions | Short-term Bond | Short-term Bond | Short-term Bond | Short-term Bond | Short-term Bond* Crisis Dummy | Short-term Bond* Crisis Dummy | Short-term Bond* Crisis Dummy | Short-term Bond* Crisis Dummy |
Mean | Median | Standard Error | Negative Coefficient | Mean | Median | Standard Error | Negative Coefficient | |
Developed America | −0.31 | −0.31 | 0.51 | 50% | −2.27 | −2.27 | 0.18 | 100% |
Developed Europe | 0.35 | 0.16 | 0.85 | 38% | −2.00 | −1.81 | 1.33 | 94% |
Developed Asia | 0.16 | 0.06 | 0.36 | 40% | −1.32 | −1.10 | 1.14 | 100% |
Emerging America | 0.90 | 0.35 | 1.43 | 25% | −0.78 | −0.35 | 1.27 | 75% |
Emerging Europe | 0.49 | 0.54 | 0.36 | 20% | −0.92 | −0.97 | 1.85 | 60% |
Emerging Asia | −1.00 | −0.07 | 2.65 | 71% | 1.26 | 0.06 | 3.13 | 29% |
Developed Market | 0.25 | 0.05 | 0.75 | 39% | −1.87 | −1.89 | 1.24 | 96% |
Emerging Markets | −0.06 | 0.20 | 2.00 | 44% | 0.07 | −0.06 | 2.52 | 50% |
All | 0.12 | 0.06 | 1.39 | 41% | −1.08 | −0.98 | 2.08 | 77% |
Regions | Long-Term Bond | Long-Term Bond | Long-Term Bond | Long-Term Bond | Long-Term Bond* Crisis Dummy | Long-Term Bond* Crisis Dummy | Long-Term Bond* Crisis Dummy | Long-Term Bond* Crisis Dummy |
Mean | Median | Standard Error | Negative Coefficient | Mean | Median | Standard Error | Negative Coefficient | |
Developed America | −0.05 | −0.05 | 0.04 | 100% | −0.02 | −0.02 | 0.03 | 100% |
Developed Europe | −0.24 | −0.20 | 0.25 | 81% | 0.18 | 0.17 | 0.28 | 19% |
Developed Asia | −0.14 | −0.11 | 0.26 | 60% | 0.23 | −0.03 | 0.65 | 60% |
Emerging America | 0.13 | 0.10 | 0.12 | 0% | −0.14 | −0.20 | 0.23 | 75% |
Emerging Europe | 0.04 | 0.01 | 0.13 | 40% | 0.02 | 0.00 | 0.20 | 40% |
Emerging Asia | 0.06 | 0.02 | 0.42 | 29% | −0.27 | −0.09 | 0.46 | 71% |
Developed Market | −0.20 | −0.18 | 0.25 | 78% | 0.18 | 0.13 | 0.37 | 35% |
Emerging Markets | 0.07 | 0.04 | 0.28 | 25% | −0.15 | −0.10 | 0.35 | 63% |
All | −0.09 | −0.08 | 0.29 | 56% | 0.04 | 0.05 | 0.39 | 46% |