Bachelor Thesis from the year 2012 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1,0, University of Mannheim, language: English, abstract: In my Bachelor thesis I analyze the determinants of rating changes and the variables'marginal effects on rating change probabilities. Based on my results, I present transition matrices by computing transition probabilities. Furthermore, I analyze subsamples of my data set, conditional on the business cycle and the economic strength of a country, by using interaction effects. I thereby verify whether or how the transition matrices change by including interaction effects. I apply a latent variable approach, using an ordered probit model, to calculate the effects of different variables on the probabilities of rating changes.
| Autorius: | Alex Bergen |
| Leidėjas: | GRIN Verlag |
| Išleidimo metai: | 2013 |
| Knygos puslapių skaičius: | 52 |
| ISBN-10: | 3656470820 |
| ISBN-13: | 9783656470823 |
| Formatas: | 210 x 148 x 5 mm. Knyga minkštu viršeliu |
| Kalba: | Anglų |
Parašykite atsiliepimą apie „Rating change probabilities: An empirical analysis of sovereign ratings“
