Oceny ratingowe jako element konkurencyjności wybranych systemów gospodarczych – weryfikacja na przykładzie agencji Fitch
Oceny ratingowe jako element konkurencyjności wybranych systemów gospodarczych – weryfikacja na przykładzie agencji Fitch
Author(s): Sławomir Śmiech, Wojciech ZyskSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: country ratings; Fitch; random forests; ordered probit model
Summary/Abstract: Competitiveness of the economy is influenced by many factors. One is the rating (assessments of rating agencies) which is taken into account in the location decisions of capital flows to the country. The authors set themselves two tasks. The first one is to build a model by which it would be possible to restore the rating awarded by Fitch. The second objective is to verify the hypothesis that credit rating agencies in the anticipation of the coming crisis undercut the credibility assessment of some countries. The opportunity to verify this thesis was the evaluation date in 2010, just before the advent of the so-called the second phase of the financial crisis.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2012
- Issue No: 254
- Page Range: 323-332
- Page Count: 10
- Language: Polish