Results 31 to 40 of about 40,143 (344)
Determinants and Impact of Sovereign Credit Ratings [PDF]
SSRN Electronic Journal, 1996 n recent years, the demand for sovereign credit rat-ings—the risk assessments assigned by the creditrating agencies to the obligations of central govern-ments—has increased dramatically. More govern-ments with greater default risk and more companiesdomiciled in riskier host countries are borrowing in inter-national bond markets.
Richard Cantor, Frank Packer
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Informal Sector, ICT Dynamics, and the Sovereign Cost of Debt: A Machine Learning Approach
Computation, 2023 We examine the main effects of ICT penetration and the shadow economy on sovereign credit ratings and the cost of debt, along with possible second-order effects between the two variables, on a dataset of 65 countries from 2001 to 2016. The paper presents
Apostolos Kotzinos +2 more
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Risk, ambiguity, and sovereign rating [PDF]
International Economics and Economic Policy, 2014 Decisions of investing in sovereign assets involve both risk and ambiguity. Ambiguity arises from unknown elements characterizing the value of a generic sovereign. In presence of ambiguity, ambiguity-averse investors are prone to pay for obtaining summary information such as ratings which reduces ambiguity.
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A motivation for banks in emerging economies to adapt agency ratings when assessing corporate credit
South African Journal of Economic and Management Sciences, 2019 Background: This article considers whether South African banks should utilise the credit ratings provided by US-based credit rating agencies when assessing the creditworthiness of corporate borrowers.
Tanja Verster +4 more
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On Emerging Economy Sovereign Spreads and Ratings [PDF]
SSRN Electronic Journal, 2008 This paper analyzes alternative models for emerging sovereign ratings. Although a small number of economic fundamentals explain ratings reasonably well, variations in those economic fundamentals are themselves explained by a small number of world factors.
Andrew Powell, Juan Francisco Martínez
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KEY DETERMINANTS OF LITHUANIA’S SOVEREIGN CREDIT RATING
Ekonomika, 2011 The topic concerning the determinants affecting sovereign credit ratings of a country became extremely relevant after the recent economic turbulence which brought relentless downgrades, especially for Central and Eastern European (CEE) countries in their
Aušra Pačebutaitė
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Sovereign credit ratings, capital flows and financial sector development in emerging markets [PDF]
, 2007 How does the sovereign credit ratings history provided by independent ratings agencies affect domestic financial sector development and international capital inflows to emerging countries?
Kim, S, Wu, E
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Why rating agencies disagree on sovereign ratings [PDF]
Empirical Economics, 2018 This paper explores why rating agencies disagree on a country’s sovereign default risk. Specifically, we analyse the sovereign ratings of four agencies and their interactions on an empirical basis. Our findings indicate that the frequency of split ratings and their lopsidedness are the result of uncertainty and the use of different rating methodologies
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Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2012 In this work we deal with the question of whether the evaluation of selected rating agencies is equivalent in some sense or not and whether it is possible to find a relationship between assessments. The fact that rating agencies affect not only financial
Kateřina Myšková, David Hampel
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A critique on the proposed use of external sovereign credit ratings in Basel II [PDF]
, 2003 This paper deals with the proposed use of sovereign credit ratings in the "Basel Accord on Capital Adequacy" (Basel II) and considers its potential effect on emerging markets financing.
Kräussl, Roman
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