TY  - BOOK
AU  - Hoti,Suhejla
AU  - McAleer,Michael
TI  - Modelling the riskiness in country risk ratings
T2  - Contributions to economic analysis,
SN  - 9781849508322 (electronic bk.) :
AV  - HG3891.5 .M63 2005
U1  - 336.3435 22
PY  - 2005///
CY  - Bingley, U.K.
PB  - Emerald
KW  - Business & Economics
KW  - Finance
KW  - bisacsh
KW  - Econometrics
KW  - Economics
KW  - bicssc
KW  - Country risk
KW  - Mathematical models
N1  - Includes index; Introduction / Michael McAleer -- Assessment of risk ratings and risk returns for 120 representative countries / Michael McAleer -- Conditional volatility models for risk ratings and risk returns / Michael McAleer -- Univariate and multivariate estimates of symmetric and asymmetric conditional volatilities and conditional correlations for risk returns / Michael McAleer -- Conclusion / Michael McAleer -- Country risk models : an empirical critique / Michael McAleer -- Rating risk rating systems / Michael McAleer
N2  - The importance of country risk is underscored by the existence of several prominent country risk rating agencies. These agencies combine information regarding alternative measures of economic, financial and political risk into associated composite risk ratings. As the accuracy of such country risk measures is open to question, it is necessary to analyse the agency rating systems to enable an evaluation of the importance and relevance of agency risk ratings. The book focuses on the rating system of the international country risk guide. Time series data permit a comparative assessment of risk ratings for 120 countries, and highlight the importance of economic, financial and political risk ratings as components of a composite risk rating. The book analyses various univariate and multivariate risk returns and corresponding symmetric and asymmetric models of conditional volatility, as well as conditional correlations
UR  - http://www.emeraldinsight.com/0573-8555/273
ER  -