Results 271 to 280 of about 44,567 (303)

Are China’s sovereign credit ratings underestimated?

Journal of Economic Policy Reform, 2011
We use a comprehensive database of sovereign credit ratings (SCRs) from Moody’s, Standard and Poor’s and Fitch for a cross-section of 120 countries from 1986–2009. Using panel data, we find that GDP per capita, the GDP growth rate and the degree of industrialization positively affect ratings, while the government cash flow deficit, the current account ...
Ke Chen, Cheng Cheng, Shenggang Yang
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Sovereign credit ratings

1995
Sovereign ratings are gaining importance as more governments with greater default risk borrow in international bond markets. But while the ratings have proved useful to governments seeking market access, the difficulty of assessing sovereign risk has led to agency disagreements and public controversy over specific rating assignments.
Richard Cantor, Frank Packer
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Institutional Environment and Sovereign Credit Ratings

SSRN Electronic Journal, 2006
We use a sample of 86 counties to examine the cross-sectional determinants of sovereign credit ratings. We find that the quality of a country's legal and political institutions plays a vital role in determining these ratings. A one-standard-deviation increase in our legal environment index results in an average credit rating increase of 0.466 standard ...
Alexander W. Butler, Larry Fauver
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Statistical Properties of Sovereign Credit Ratings

SSRN Electronic Journal, 2001
The sovereign credit rating is a key determinant of the cost and availability of international financing for an economy. This paper models ratings as a function of expected repayment capacity, derives testable hypotheses, and conducts a statistical analysis based of the ratings awarded by Institutional Investor.
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The Procyclicality of African Sovereign Credit Ratings

2017
Credit rating agencies are supposed to have a long-term outlook when assigning credit ratings to sovereign states. It is unwarranted to assign high (low) ratings to sovereigns that are experiencing momentary successes (impediments). Ratings should therefore be assigned without taking the business cycle into account.
Marinda Pretorius, Ilsé Botha
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Determinants of sovereign credit rating and credit rating agencies faults

Sarajevo business and economics review, 2014
Credit rating agencies are prominent actors on world financial market, as they make decisions on country’s credit rating which determines general investment climate and influences economic progress and general economic stability of a country. The aim of this paper is to determine key factors in defining country’s credit rating in the period before ...
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The informational value of sovereign credit ratings

2012
This paper examines the impact of rating actions by Moody’s Investor Service on European long-term government bonds. First, it introduces credit rating agencies with special emphasize on their development and history. To understand their role in modern financial markets it is necessary to highlight the current market situation, especially peculiarities
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On the information content of sovereign credit rating reports: Improving the predictability of rating transitions☆

Journal of International Financial Markets, Institutions and Money, 2021
Igor Loncarski
exaly  

On the effect of credit rating announcements on sovereign bonds: International evidence

International Economics, 2020
Dimitris Kenourgios, Zaghum Umar
exaly  

Effects of fiscal credibility on sovereign risk: evidence using comprehensive credit rating measures

International Journal of Emerging Markets, 2022
Gabriel Caldas Montes
exaly