Macroeconomics determinants of sovereign credit ratings
The objective of this paper is to identify the determinants of sovereign credit rating. This study including 53 countries in the study covers from year 2000 to 2011. This study examines nine macroeconomic variables and extended by using three qualitative variables, i.e., history of default, economic...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Canadian Center of Science and Education
2015
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| Online Access: | http://psasir.upm.edu.my/id/eprint/45381/1/CREDIT.pdf |
| _version_ | 1796974545192615936 |
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| author | Soh, Wei Chee Cheng, Fan Fah Md. Nassir, Annuar |
| author_facet | Soh, Wei Chee Cheng, Fan Fah Md. Nassir, Annuar |
| author_sort | Soh, Wei Chee |
| collection | UPM |
| description | The objective of this paper is to identify the determinants of sovereign credit rating. This study including 53 countries in the study covers from year 2000 to 2011. This study examines nine macroeconomic variables and extended by using three qualitative variables, i.e., history of default, economic development and economic freedom. The results are consistent with previous studies that some macroeconomics variables are determinants of rating. Furthermore, the economic freedom variable serves as a vital factor in determining sovereign credit rating that has been overlooked by the previous studies. This study has added new findings and indicates that the economic freedom of country is decisive factor in assessment. |
| first_indexed | 2024-03-06T08:58:36Z |
| format | Article |
| id | upm.eprints-45381 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T08:58:36Z |
| publishDate | 2015 |
| publisher | Canadian Center of Science and Education |
| record_format | dspace |
| spelling | upm.eprints-453812021-04-08T02:44:45Z http://psasir.upm.edu.my/id/eprint/45381/ Macroeconomics determinants of sovereign credit ratings Soh, Wei Chee Cheng, Fan Fah Md. Nassir, Annuar The objective of this paper is to identify the determinants of sovereign credit rating. This study including 53 countries in the study covers from year 2000 to 2011. This study examines nine macroeconomic variables and extended by using three qualitative variables, i.e., history of default, economic development and economic freedom. The results are consistent with previous studies that some macroeconomics variables are determinants of rating. Furthermore, the economic freedom variable serves as a vital factor in determining sovereign credit rating that has been overlooked by the previous studies. This study has added new findings and indicates that the economic freedom of country is decisive factor in assessment. Canadian Center of Science and Education 2015 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/45381/1/CREDIT.pdf Soh, Wei Chee and Cheng, Fan Fah and Md. Nassir, Annuar (2015) Macroeconomics determinants of sovereign credit ratings. International Business Research, 8 (2). pp. 42-50. ISSN 1913-9004; ESSN: 1913-9012 http://www.ccsenet.org/journal/index.php/ibr/article/view/42243 10.5539/ibr.v8n2p42 |
| spellingShingle | Soh, Wei Chee Cheng, Fan Fah Md. Nassir, Annuar Macroeconomics determinants of sovereign credit ratings |
| title | Macroeconomics determinants of sovereign credit ratings |
| title_full | Macroeconomics determinants of sovereign credit ratings |
| title_fullStr | Macroeconomics determinants of sovereign credit ratings |
| title_full_unstemmed | Macroeconomics determinants of sovereign credit ratings |
| title_short | Macroeconomics determinants of sovereign credit ratings |
| title_sort | macroeconomics determinants of sovereign credit ratings |
| url | http://psasir.upm.edu.my/id/eprint/45381/1/CREDIT.pdf |
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