Results 41 to 50 of about 38,731 (202)
SOLICITED VERSUS UNSOLICITED RATINGS: THE ROLE OF SELECTION
This paper analyzes the extent to which selection explains the observed discrepancy between solicited and unsolicited ratings. I propose a model of selection with truth telling rating agencies and borrowers with the ability to veto the revelation of the ...
ANNA GIBERT
doaj +1 more source
Sovereign ratings and national culture [PDF]
Abstract Default by sovereign governments depends upon their willingness to default and the nation's capacity to pay. These are major factors considered by rating analysts and both may be affected by national culture. We hypothesise that ratings are related to culture and empirically examine the relation between culture and both levels and changes in
Dang H, Partington G
openaire +1 more source
Democratization’s Risk Premium: Partisan and Opportunistic Political Business Cycle Effects on Sovereign Ratings in Developing Countries [PDF]
We use partisan and opportunistic political business cycle (“PBC”) considerations to develop a framework for explaining election-period decisions by credit rating agencies (“agencies”) publishing developing country sovereign risk-ratings (“ratings”).
Burkhard N. Schrage +2 more
core +3 more sources
Financialization and the politics of credit rating agencies in Brazilian presidential transitions
This paper analyzes credit rating agencies’ actions in Brazilian presidential transitions in the light of what is understood as financialization. It argues that the agencies, from their position in the international financial system, express and promote ...
Pedro Lange Netto Machado
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Does the disclosure of unsolicited sovereign rating status affect bank ratings? [PDF]
This paper integrates three themes on regulation, unsolicited credit ratings, and the sovereign-bank rating ceiling. We reveal an unintended consequence of the EU rating agency disclosure rules upon rating changes, using data for S&P-rated banks in 42 ...
Alsakka, Rasha +2 more
core +2 more sources
The shadow economy: a relevant factor for investment decisions in selected European Union countries
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.
Miroslava Kostova Karaboytcheva +1 more
doaj +1 more source
Rating the United Kingdom: the British government’s sovereign credit ratings, 1976-1978 [PDF]
The UK received its first sovereign credit ratings in 1978. Despite having required financial assistance from the International Monetary Fund only 18 months earlier, the British government managed to secure ‘triple-A’ ratings from both Standard and Poor ...
Archer +50 more
core +1 more source
Sovereign credit ratings [PDF]
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
Frank Packer, Richard Cantor
core +4 more sources
Forecasting of Turkish Sovereign Sukuk Prices Using Artificial Neural Network Model
Recently, artificial neural networks have been successfully applied in many areas such as forecasting financial time series, predicting financial failure, and classification of ratings.
Dilşad Tülgen Çetin, Sedat Metlek
doaj +1 more source
Objective: The objective of the article is to identify the determinants of the EU countries’ sovereign credit ratings with a particular focus on the impact of the euro area crisis.
Ewa Stawasz-Grabowska
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