Are rating agencies' assignment opaque? Evidence from international banks
We compare the ability of ordered choice models and support vector machines to model and predict international bank ratings. Although support vector machines can identify significant determinants we argue that ordered choice models are more reliable for this. Our findings suggest that ratings reflec...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Centre for EMEA Banking, Finance and Economics, London Metropolitan University
2010
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| Subjects: | |
| Online Access: | https://repository.londonmet.ac.uk/399/1/CentreForInternationalCapitalMarketsWorkingPapers_2010-01_p01-32.pdf |