Reliable Estimates of Sovereign Rating

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F20%3A%230000642" target="_blank" >RIV/04274644:_____/20:#0000642 - isvavai.cz</a>

Výsledek na webu

<a href="http://www.springer.com/home?SGWID=0-0-1003-0-0&aqId=4021811&download=1&checkval=dbe50efc427121ab89af547c5a26e424" target="_blank" >http://www.springer.com/home?SGWID=0-0-1003-0-0&aqId=4021811&download=1&checkval=dbe50efc427121ab89af547c5a26e424</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1007/s11294-020-09779-z" target="_blank" >10.1007/s11294-020-09779-z</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Reliable Estimates of Sovereign Rating

Popis výsledku v původním jazyce

The sovereign rating is an important indicator of whether a country is able to repay its liabilities. It serves as a guide for investors to decide whether to invest in government bonds or to lend a government money for its activities. The results of the evaluation are also of interest to other persons who are undertaking activities in that country. The potential possibility that the state will not meet its obligations also poses a higher risk for them. Thus, ratings agencies should publish reliable and trustworthy results corresponding with reality. However, the world financial crisis after 2007 showed that ratings agencies did not always correctly assess the solvency of a country and that their evaluations were too optimistic. Therefore, the article examines the methodology used by ratings agencies and tries to determine whether evaluations depend on macroeconomic indicators.

Název v anglickém jazyce

Reliable Estimates of Sovereign Rating

Popis výsledku anglicky

The sovereign rating is an important indicator of whether a country is able to repay its liabilities. It serves as a guide for investors to decide whether to invest in government bonds or to lend a government money for its activities. The results of the evaluation are also of interest to other persons who are undertaking activities in that country. The potential possibility that the state will not meet its obligations also poses a higher risk for them. Thus, ratings agencies should publish reliable and trustworthy results corresponding with reality. However, the world financial crisis after 2007 showed that ratings agencies did not always correctly assess the solvency of a country and that their evaluations were too optimistic. Therefore, the article examines the methodology used by ratings agencies and tries to determine whether evaluations depend on macroeconomic indicators.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50200 - Economics and Business

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2020

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

International Advances in Economic Research

ISSN

1083-0898

e-ISSN

—

Svazek periodika

26

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

US - Spojené státy americké

Počet stran výsledku

3

Strana od-do

179-181

Kód UT WoS článku

000536446200001

EID výsledku v databázi Scopus

2-s2.0-85085616682