Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 18, 2013 erstellt
Beschreibung:
This paper basically examined the relationship between the country debt ratings based on several basic factors like GDP per capita, GDP growth, Inflation rate, external balance etc. which may affect the country's ratings. I have used three company's debt ratings (Fitch ratings, Standard and Poor, Moody's ratings) as my dependent variable and tried to see which company gives the closest results towards the actual ratings. I have used the Ordered Logit /Probit model to estimate the parameters. For the Regression I have taken the 79 country's data including Developed, Developing and Under Developing countries. I have used cross-sectional data for the year 2011 to find the results. We will also see how any country's ratings can be improved in future