The Home Bias in Sovereign Ratings [PDF]
Credit rating agencies are frequently criticized for producing sovereign ratings that do not accurately reflect the economic and political fundamentals of rated countries. This article discusses how the home country of rating agencies could affect rating
Fuchs , Andreas, Gehring , Kai
core +4 more sources
Macroeconomics Determinants of Sovereign Credit Ratings
The objective of this paper is to identify the determinants of sovereign credit rating. This study including 53 countries in the study covers from year 2000 to 2011. This study examines nine macroeconomic variables and extended by using three qualitative variables, i.e., history of default, economic development and economic freedom.
Soh, Wei Chee +2 more
openaire +2 more sources
The Role of Certifications in Improving Household Food Security Among Peruvian Farmers
ABSTRACT Achieving global food security requires sustainable transformations in agri‐food systems. Voluntary Sustainability Standards (VSS) such as Organic and Fairtrade aim to internalize certain social and environmental costs while promoting more equitable value distribution, improved market access, and sustainable production practices.
Lisa‐Marie Schulte, Awudu Abdulai
wiley +1 more source
Modelling sovereign credit ratings and assessing the impartiality: A case study of China. [PDF]
Su M.
europepmc +1 more source
PIGS or Lambs? The European Sovereign Debt Crisis and the Role of Rating Agencies [PDF]
This paper asks whether rating agencies played a passive role or were an active driving force during Europe's sovereign debt crisis. We address this by estimating relationships between sovereign debt ratings and macroeconomic and structural variables. We
Griesbach, Björn +2 more
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The shadow economy: a relevant factor for investment decisions in selected European Union countries [PDF]
The estimation of sovereign risk indicators has a key role for the investment decisions. We were witnesses of inaccurate ratings before the last economic crisis, which altered significantly the results expected by many investors.
Kostova, Miroslava +1 more
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Sovereign Credit Rating Announcements and Baltic Stock Markets [PDF]
This study examines whether sovereign credit rating announcements convey price relevant information to investors in Baltic stock markets, and tests the degree of anticipation and price reaction. Event study methodology is employed to test for the price impact of sovereign credit rating announcements by Moody’s, S&P, and Fitch.
openaire +3 more sources
Alternative Policy Designs to Help Farmers Select Profitable Conservation Practices
ABSTRACT Voluntary private carbon initiatives (VPCIs) promote the implementation of agricultural conservation practices that mitigate emissions of greenhouse gases (GHGs) via financial incentives to participating farmers. Simultaneously, an array of public policies supports the adoption of conservation practices through technical and financial ...
Oranuch Wongpiyabovorn +1 more
wiley +1 more source
Estimating Default Probabilities of Emerging Market Sovereigns: A New Look at a Not-So-New Literature [PDF]
The January 2001 proposal for a New Basel Capital Accord has renewed the interest in obtaining default probabilities for various types of borrowers. This paper uses a panel logit model to estimate default probabilities of 78 emerging market countries ...
Marcel Peter
core
How (un)justified are the decisions of credit rating agencies? [PDF]
Following Standard & Poor’s decision to brand Greece with the world’s lowest credit rating and Moody’s decision to announce a 4-notch downgrade of Portugal’s debt, and then downgrade Ireland to junk status, European policymakers reiterated their growing ...
Milas, Costas, Panagiotidis, Theodore
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