Reliable Estimates of Sovereign Rating

@article{8436,
   author = {Kotěšovcová, Jana and Mihola, Jiří and Wawrosz, Petr},
   article_location = {Switzerland},
   article_number = {2},
   doi = {http://dx.doi.org/10.1007/s11294-020-09779-z},
   keywords = {rating level; credit rating; rating methodology; macroeconomic indicators; sovereign rating},
   language = {eng},
   issn = {1083-0898},
   journal = {International Advances in Economic Research},
   title = {Reliable Estimates of Sovereign Rating},
   url = {http://www.springer.com/home?SGWID=0-0-1003-0-0&aqId=4021811&download=1&checkval=dbe50efc427121ab89af547c5a26e424},
   volume = {26},
   year = {2020}
}

TY  - JOUR
ID  - 8436
AU  - Kotěšovcová, Jana - Mihola, Jiří - Wawrosz, Petr
PY  - 2020
TI  - Reliable Estimates of Sovereign Rating
JF  - International Advances in Economic Research
VL  - 26
IS  - 2
SP  - 179-181
EP  - 179-181
PB  - Springer nature
SN  - 10830898
KW  - rating level
KW  - credit rating
KW  - rating methodology
KW  - macroeconomic indicators
KW  - sovereign rating
UR  - http://www.springer.com/home?SGWID=0-0-1003-0-0&aqId=4021811&download=1&checkval=dbe50efc427121ab89af547c5a26e424
L2  - http://www.springer.com/home?SGWID=0-0-1003-0-0&aqId=4021811&download=1&checkval=dbe50efc427121ab89af547c5a26e424
N2  - 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.
ER  - 

KOTĚŠOVCOVÁ, Jana, Jiří MIHOLA a Petr WAWROSZ. Reliable Estimates of Sovereign Rating. \textit{International Advances in Economic Research}. Switzerland: Springer nature, 2020, roč.~26, č.~2, s.~179-181. ISSN~1083-0898. Dostupné z: https://dx.doi.org/10.1007/s11294-020-09779-z.