Results 61 to 70 of about 38,731 (202)
Modeling the exchange rate using price levels and country risk
Cogent Economics & Finance, 2015 This paper builds two factor discrete time models in order to investigate the effect of sovereign risk on the nominal exchange rates in a Markov switching framework. The empirical section of the paper uses seven currencies from Chile, the Czech Republic,
Gábor Regős
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Вісник Харківського національного університету імені В.Н. Каразіна: Серія Міжнародні відносини, економіка, країнознавство, туризм, 2019 The article investigates the state of the Eurozone countries’ financial security in the context of the world economic environment globalization. For the purpose of this, financial security is considered in terms of institutional, instrumental, and ...
Nataliia Goncharenko +3 more
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First-mover disadvantage: The sovereign ratings mousetrap. CEPS Working Document No 2020/02, February 2020 [PDF]
, 2020 Using 102 sovereigns rated by the three largest credit rating agencies (CRA), S&P, Moody’s and Fitch between January 2000 and January 2019, we are the first to document that the first mover CRA (S&P) in downgrades falls into a commercial trap.
Klusak, Patrycja +2 more
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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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Sovereign credit ratings and financial markets linkages: application to European data [PDF]
We use EU sovereign bond yield and CDS spreads daily data to carry out an event study analysis on the reaction of government yield spreads before and after announcements from rating agencies (Standard & Poor’s, Moody’s, Fitch).
Afonso, António +2 more
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How the proposd Basel Guidelines on rating-agency assessments would affect developing countries [PDF]
Using historical data on sovereign and individual borrowers, the authors assess the potential impact on non-high-income countries of linking capital asset requirements for banks to private sector ratings, as the Basel committee has proposed.
Ferri, Giovanni +2 more
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Economics and EnvironmentThe study covers 53 largest European banks and the largest banks from CEE countries. Credit ratings from 3 leading rating agencies and 8 ESG scoring providers are considered.
Michał Bernardelli +2 more
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The New Terrorist Threat: Destruction of Western Credit Ratings [PDF]
Central European Journal of International & Security Studies, 2014 This work describes how capital terrorists and/or adversarial nations could use Western capital markets to injure Western economies and limit international power projections.
Stephen P. Ferris, Ray Sant
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Sovereign Credit Ratings Methodology: An Evaluation
IMF Working Papers, 2002 This paper describes and evaluates the sovereign credit ratings methodologies of Standard & Poor's, Moody's Investors Service, and Fitch Ratings. A simple definition of ratings failure-based on ratings stability-is proposed and tested, pointing to falling failure rates, consistent upside bias, and strong interagency correlation.
openaire +3 more sources
Sovereign Credit Rating Announcements and Baltic Stock Markets
Organizations and Markets in Emerging Economies, 2011 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.
Asta Klimavičienė
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