Rating Change Probabilities: An Empirical Analysis of Sovereign Ratings 124 Über den institutionellen "Tellerrand" (der

Über den institutionellen "Tellerrand" (der pro familia) hinausgeschaut

Rolle des Beraters

der nur ca

da im Vergleich zur anglo-amerikanischen Herkunft der DCF-Methoden

Zusätzlich werden Verluste bei Investitionen

Rating Change Probabilities: An Empirical Analysis of Sovereign Ratings 124 Über den institutionellen "Tellerrand" (derThis study analyzes the determinants of rating changes and the variables' marginal effects on rating change probabilities. Based on the results, it presents transition matrices by computing transition probabilities. Furthermore, this study analyzes subsamples of the data set, conditional on the business cycle and the economic strength of a country, by using interaction effects. The Author of this study thereby verifies whether or how the transition