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Relative Importance of Political Instability and Economic Variables on Perceived Country Creditworthiness
7 references·6 citing·41 second hop
Relative Importance of Political Instability and Economic Variables on Perceived Country Creditworthiness (1993)Relative Importance of Political Instabil…Are the credit ratings assigned by bankers based on the willingness of LDC borrowers to repay? (1993)Are the credit ratings assign…The Determinants of Country Risk Ratings (1991)The Determinants of Country R…Politics and Perceived Country Creditworthiness in International Banking (1990)Politics and Perceived Countr…Country risk and political instability (1987)Country risk and political in…The pure theory of country risk (1986)The pure theory of country ri…Debt with Potential Repudiation: Theoretical and Empirical Analysis (1981)Debt with Potential Repudiati…Imperfect Information, Uncertainty, and Credit Rationing (1976)Imperfect Information, Uncert…Reverse-engineering country risk ratings: a combinatorial non-recursive model (2009)Reverse-engineering country r…Country Risk Evaluation (2008)Country Risk EvaluationA NON-RECURSIVE REGRESSION MODEL FOR COUNTRY RISK RATING (2003)A NON-RECURSIVE REGRESSION MO…Banking and currency crisis recovery: Brazil's turnaround of 1999 (2001)Banking and currency crisis r…Rating Africa: The Economic and Political Content of Risk Indicators (2000)Rating Africa: The Economic a…Interrelationships among the elements of national innovation systems: A statistical evaluation (1999)Interrelationships among the …Credit Rationing in Markets with Imperfect Information (1981)Leading Indicators of Currency Crises (1998)The Twin Crises: The Causes of Banking and Balance-of-Payments Problems (1999)Monitoring Banking Sector Fragility (2002)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)A model of insurance markets with incomplete information (1977)Screening vs. Rationing in Credit Markets with Imperfect Information (1985)The Consequences of the Dependence of Quality on Price (1987)Econometric Models and Economic Forecasts (1990)Explaining exchange rate risk in world stock markets: A panel approach (2002)Estimating Default Probabilities of Emerging Market Sovereigns: A New Look at a Not-so-New Literature (2007)The Impact of Political Risk on Sovereign Bond Spreads - Evidence from Latin America (2007)Structural Equations with Latent Variables (1989)Structural Equations with Latent Variables. (1991)Cultures and Organizations: Software of the Mind. (1993)Political Order in Changing Societies (1970)Democracy, Economic Development, and Income Inequality (1988)What Determines the Quality of Institutions? (2002)An Empirical Assessment of Country Risk Ratings and Associated Models (2004)Energy investment risk assessment for nations along China’s Belt & Road Initiative (2017)LDC Foreign Borrowing and Default Risk: An Empirical Investigation, 1976-80 (1984)The Economic Content of Indicators of Developing Country Creditworthiness (1996)Distance factors and target market selection: the moderating effect of market potential (2009)The impact of sustainability governance, country stakeholder orientation, and country risk on environmental, social, and governance performance (2016)Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)Defaultable debt, interest rates and the current account (2005)Default Risk and Income Fluctuations in Emerging Economies (2007)How Sovereign Is Sovereign Credit Risk? (2011)A study of debt servicing capacity applying logit analysis (1977)The use (and abuse) of governance indicators in economics: a review (2007)The Management of Political Risk (2016)Reputation and imperfect information (1982)Bank Runs, Deposit Insurance, and Liquidity (1983)Servicing the Public Debt: The Role of Expectations* *I have greatly benefited from comments received at Johns Hopkins University, Georgetown University, the Macro Lunch Group of the University of Pennsylvania, MIT, and the Research Department of the International Monetary Fund. I am particularly indebted to Matt Canzoneri, Sara Guerschanik-Calvo, Joseph Harrington, Jr, Elhanan Helpman, Nissan Leviatan, Maury Obstfeld, Assaf Razin, Sweder van Wijnbergen and two anonymous referees. The research on this paper was partly done while I was a visiting scholar at the Research Department of the Internationed Monetary Fund, and it was partially funded by the National Science Foundation. However, any opinions expressed are entirely my own and not those of any of the above institutions. This paper has already been published in the The American Economic Review, 78, 4, September 1988, pp. 647–661. (1989)The Economics of Development: A Survey (1989)The Economics and Law of Sovereign Debt and Default (2009)Credit risk measurement: Developments over the last 20 years (1997)Corruption and the composition of government expenditure (1998)Aggregating Governance Indicators (1999)Credit Rating Agencies: The Importance of Fundamentals in the Assessment of Sovereign Ratings (2013)Dependency between sovereign credit ratings and economic risk: Insight from Balkan countries (2021)
this work references cited by second hop

References

  • 1981Debt with Potential Repudiation: Theoretical and Empirical Analysis2,611 cited
  • 1976Imperfect Information, Uncertainty, and Credit Rationing1,413 cited
  • 1986The pure theory of country risk573 cited
  • 1991The Determinants of Country Risk Ratings254 cited
  • 1990Politics and Perceived Country Creditworthiness in International Banking145 cited
  • 1987Country risk and political instability144 cited
  • 1993Are the credit ratings assigned by bankers based on the willingness of LDC borrowers to repay?74 cited

Cited by

  • 1999Interrelationships among the elements of national innovation systems: A statistical evaluation66 cited
  • 2003A NON-RECURSIVE REGRESSION MODEL FOR COUNTRY RISK RATING41 cited
  • 2001Banking and currency crisis recovery: Brazil's turnaround of 199931 cited
  • 2009Reverse-engineering country risk ratings: a combinatorial non-recursive model27 cited
  • 2008Country Risk Evaluation25 cited
  • 2000Rating Africa: The Economic and Political Content of Risk Indicators25 cited

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