Sovereign rating: a comparison among different rating agencies

Massimo Regalli, Maria Gaia Soana and Emanuele Testi
Additional contact information
Massimo Regalli: Università di Parma
Maria Gaia Soana: Università di Parma
Emanuele Testi: Università di Parma

BANCARIA, 2017, vol. 10, 12-29

Abstract: Our research compares sovereign ratings assigned by the American S&P, Fitch and Moody’s, and the most important Chinese credit rating agency, Dagong. Differences in sovereign ratings appear rather small among US agencies, while significant between the «Big Three» and the Chinese Dagong. The four rating agencies seem to use the same macroeconomic variables in order to assign credit rating to countries. Furthermore, these variables are not able to explain the sovereign rating differences among the four credit rating agencies

JEL-codes: G15 G18 G2 G20 G24 (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.bancaria.it/en/sovereign-rating-a-compa ... ent-rating-agencies/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ban:bancar:v:10:y:2017:m:october:p:12-29

Access Statistics for this article

BANCARIA is currently edited by Bancaria Editrice - the publisher of the Italian Banking Association

More articles in BANCARIA from Bancaria Editrice
Bibliographic data for series maintained by Francesco Emiliano Tani ().