Country risk at investing in capital markets - the case of Italy
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04130081%3A_____%2F19%3AN0000053" target="_blank" >RIV/04130081:_____/19:N0000053 - isvavai.cz</a>
Result on the web
<a href="https://businessperspectives.org/journals/problems-and-perspectives-in-management/issue-318/country-risk-at-investing-in-capital-markets-the-case-of-italy" target="_blank" >https://businessperspectives.org/journals/problems-and-perspectives-in-management/issue-318/country-risk-at-investing-in-capital-markets-the-case-of-italy</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.21511/ppm.17(2).2019.34" target="_blank" >10.21511/ppm.17(2).2019.34</a>
Alternative languages
Result language
angličtina
Original language name
Country risk at investing in capital markets - the case of Italy
Original language description
Given the current turbulences on the European capital markets, as well as the expectations of a new recession, it is possible to expect that the risk of individual countries and their capital markets will increase significantly. This is particularly the case of those countries, which have long-term problems with economic instability and imbalances. The basis for country risk quantification is the country credit rating and credit risk of the government bonds. The market-based methods react often differently, as their reactions to the actual market developments are more flexible. The purpose of this paper is to compare various methods of country risk measurement. The study is focused on the country risk of Italy, a country that experienced a turbulent economic development over the last two decades. The results show that the CPFER method and sovereign ratings show a similar level of country risk, while the market-based methods show a higher level of country risk.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
N - Vyzkumna aktivita podporovana z neverejnych zdroju
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Problems and Perspectives in Management
ISSN
1727-7051
e-ISSN
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Volume of the periodical
17
Issue of the periodical within the volume
2
Country of publishing house
UA - UKRAINE
Number of pages
9
Pages from-to
440-448
UT code for WoS article
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EID of the result in the Scopus database
2-s2.0-85071500586