Rating Change Probabilities.

This study analyzes the determinants of rating changes and the variables' marginal effects on rating change probabilities. Based on the results, it presents transition matrices by computing transition probabilities. Furthermore, this study analyzes subsamples of the data set, conditional on the...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Bergen, Alex
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Hamburg : Diplomica Verlag, 2014.
Temas:
Financial crises > History.
Debts, External > History.
Economic stabilization > History.
Dettes extérieures > Histoire.
Stabilisation économique > Histoire.
Debts, External
Economic stabilization
Financial crises
History
Acceso en línea:Texto completo
Descripción
Sumario:This study analyzes the determinants of rating changes and the variables' marginal effects on rating change probabilities. Based on the results, it presents transition matrices by computing transition probabilities. Furthermore, this study analyzes subsamples of the data set, conditional on the business cycle and the economic strength of a country, by using interaction effects. The Author of this study thereby verifies whether or how the transition matrices change by including interaction effects. He applies a latent variable approach, using an ordered probit model, to calculate the effects of.
Descripción Física:1 online resource (50 pages)
ISBN:9783954896561
3954896567

Ejemplares similares