U.S. credit rating downgrade likely will impact JamaicaTaylor, Daphne
Based on historical precedents and reasons outlined above, we believe the impact of US rating downgrade is likely to be minimal on US and global bond markets. In our assessment, Fed policy, which primarily depends on the US growth and inflation outlook, and the supply-demand dynamics of US d...
Discover how a credit rating downgrade in the US can impact your investments and learn what steps you can take to mitigate the risks.
Credit rating changes for long-term foreign currency debt may act as a wake-up call with upgrades and downgrades in one country affecting other financial m... R Kraeussl - 《Working Papers》 被引量: 6发表: 2012年 Sovereign ratings in the post-crisis world : an analysis of actual, shado...
credit rating has been downgraded, the long-term economic impact remains uncertain. Here is a brief explanation of the S&P downgrade decision, some background on credit ratings, and possible implications of the downgrade. Reasons for the downgrade in the U.S. credit rating St...
Credit Rating Agency Credit rating agencies attempt toassess the financial strength of debt issuers, such as corporations, and of their individual debt offerings, for the benefit of investors and other interested parties. The ratings are typically commissioned by, and paid for by, the ...
The Politics of Losing the "AAA" Rating: A Critical Perspective on the Sovereign Downgrades of the United States, France, and Austria. This article promotes the utility of critical theory to examine instances of private authority in international affairs with a particular focus on the poli... ...
The article's main findings are that banks which transfer debt tranches but retain an equity part and apply a through-the-cycle rating approach may be exposed to higher insolvency risk. Firstly, the credit risk retained may be underestimated resulting in an inadequate capital allocation. Secondly,...
Credit RatingBankruptcyTax ShieldCorporate ValuationAPVWACCRating affects corporate credit costs and leverage choices. Therefore, we develop a corporate valuation model where the choice of leverage is consistent with thdoi:10.2139/ssrn.2153124Arnold, Sven...
Furthermore, we provide empirical evidence for the hypothesis in prior literature that a surprise downgrade does not necessarily have to be bad news for stockholders when wealth is transferred from bondholders, but negative rating actions are always bad news for bondholders. The resul...