Macroeconomic determinants of sovereign credit ratings and rating changes, and bond yields respond to rating changes
Sovereign credit rating closely measures a country’s international creditworthiness.Previous studies showed that the sovereign credit rating change significantlyimpact to the domestic finance sector. However, the credit rating agencies (CRAs) only reveal the criteria focused in rating assessment, mo...
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Format: | Thesis |
Language: | English |
Published: |
2014
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Online Access: | http://psasir.upm.edu.my/id/eprint/70197/1/FEP%202014%2021%20-%20IR.pdf |
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