2023
DOI: 10.1016/j.irfa.2023.102548
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Sovereign bonds and flight to safety: Implications of the COVID-19 crisis for sovereign debt markets in the G-7 and E-7 economies

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Cited by 15 publications
(2 citation statements)
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“…The current study uses the RA as a reflective (lower‐order) and formative (higher‐order) construct. In this research, the researcher has used the construct RA as a higher‐order abstraction with four lower‐order components: EP, EB, IOR, and INC validity assessment criteria of the reflective measurement model cannot be directly applied to the theoretical model of the formative theory (Chin, 1998; Hair et al, 2011; Nasir & Morgan, 2023). The formative construct's internal consistency and reliability are not considered because of the error‐free assumption; instead, one should focus on content validity and ensure that formative variables capture all sub‐dimensions of the formative construct (Hair et al, 2014).…”
Section: Discussionmentioning
confidence: 99%
“…The current study uses the RA as a reflective (lower‐order) and formative (higher‐order) construct. In this research, the researcher has used the construct RA as a higher‐order abstraction with four lower‐order components: EP, EB, IOR, and INC validity assessment criteria of the reflective measurement model cannot be directly applied to the theoretical model of the formative theory (Chin, 1998; Hair et al, 2011; Nasir & Morgan, 2023). The formative construct's internal consistency and reliability are not considered because of the error‐free assumption; instead, one should focus on content validity and ensure that formative variables capture all sub‐dimensions of the formative construct (Hair et al, 2014).…”
Section: Discussionmentioning
confidence: 99%
“…Finally, the paper also points out the implications for the investors value of this analysis such as strategic diversification of investments or understanding the determinants of macroeconomic policies. Nasir M. A. et al [2023] examine the independence of 10-year government bond yields noted in the G7 and the E7 countries. The data, they are analyzing in their research, includes daily quotes noted between December 31, 2019 and August 7, 2020.…”
Section: Literature Reviewmentioning
confidence: 99%