Country risk ratings and financial crises 1995 - 2001: a survival analysis
Financial system´s health is a signal of economic growth therefore it is a key indicator toinvestors. As a consequence, one of the main purposes of policymakers is to keep itsstability as well as protect it from foreign activity. Both financial and economic activity ingeneral are susceptible of crises, as soon as this happen a country may face default risk,which can be measured with long term debt risk rating of countries. Through this variablewe propose the use the survival analysis methodology, to analyze falls rating duration andcapability of macroeconomic variables to predict that event. From the analysis, we pointout important differences between developed and emerging economies, with variableswhich stand out exchange risk and economies indebtedness.
|Date of creation:||26 Mar 2008|
|Date of revision:|
|Contact details of provider:|| |
When requesting a correction, please mention this item's handle: RePEc:col:000094:004580. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Clorith Angélica Bahos Olivera)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.