Sovereign credit rating: Evidence of bias against poor countries
The North American journal of economics and finance, 2020We assess whether credit rating agencies limit poor countries’ sovereign credit ratings. Consistent with prior studies, our heterogeneous middle-inflated ordered probit model indicates a statistical bias stacked against poor countries whenever their ...
D. Tennant, M. Tracey, D. King
semanticscholar +1 more source
The politics of creditworthiness: political and policy commentary in sovereign credit rating reports
Journal of Public Policy, 2020How much do politics and politically sensitive policy choices matter for sovereign credit ratings? We contend that while policy is consistently important for rating decisions, attention to politics varies with perceived uncertainty.
Zsófia Barta, Kristin Makszin
semanticscholar +1 more source
The impact of sovereign credit rating changes on government bond yields in South Africa
International Journal of Sustainable Economy, 2020This study applies an event study analysis on Standard % Poor's (S%P), Fitch and Moody's sovereign credit ratings for South Africa over the period 2007 to 2018 to investigate the impact of long-term foreign currency sovereign credit ratings changes on 30-
Misheck Mutize, M. Nkhalamba
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Do sovereign credit ratings matter for corporate credit ratings?
Annals of Operations Research, 2020zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Nidhaleddine Ben Cheikh +3 more
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Contagion effects of sovereign credit rating revisions on the real economy: is it trade or finance?
Applied Economics, 2018Hsien-Yi Chen, Shu-Ling Yang
exaly +2 more sources
Publicity and perceptions of risk: The effects of HRO naming and shaming on sovereign credit rating
, 2020Previous scholarship has demonstrated that shaming by human rights organizations produces economic consequences. For example, human rights shaming by international organizations negatively affects foreign direct investment (FDI), decreases exports, and ...
S. Bagwell, Shelby L. Hall
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Methodology for Assigning Credit Ratings to Sovereigns
2017Le placement des réserves de change ou d’autres portefeuilles d’actifs nécessite au préalable une évaluation de la qualité du crédit des contreparties aux opérations de placement. En règle générale, les gestionnaires d’actifs et de réserves de change recourent aux cotes de crédit attribuées par les agences de notation.
Muller, Philippe, Bourque, Jérôme
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Updated Methodology for Assigning Credit Ratings to Sovereigns
2021"Le placement des réserves de change ou d’autres portefeuilles d’actifs nécessite au préalable une évaluation de la qualité du crédit des contreparties aux opérations de placement. Par le passé, les gestionnaires de réserves de change et d’autres actifs avaient surtout recours aux notes attribuées par les agences de notation. Pour soutenir la stabilité
McDaniels, Karim +4 more
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Sovereign Credit Rating: Impact on Social Investment and Role in Financial Subordination
The Review of Radical Political EconomicsThis article examines sovereign credit rating methodologies and their impact on fiscal space in developing economies. While sovereign ratings are meant to reflect default risk, the biases embedded in the rating methodologies result in overly punitive ...
Ramya Vijaya
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Sovereign credit rating and contagion effects on financial markets of Asian region
, 2020This article studies the contagion effects on the emerging financial markets of the Asian region. The contagion effect is manifested in the change of interconnection degree of financial markets after the shock in one of the countries of the region.
Natalia Pivnitskaya, T. Teplova
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