Happy holidays from us to you—get up to $30 off your next print or eBook! Shop now >>

Gabler Edition Wissenschaft

The Influence of Ratings on International Finance Markets

Authors: von Maltzan Pacheco, Julia

Buy this book

eBook $54.99
price for USA in USD (gross)
  • ISBN 978-3-663-09040-3
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $69.99
price for USA in USD
  • ISBN 978-3-8244-7218-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

The nineties have witnessed a boom of capital flows towards emerging markets which found an abrupt end with the Asian financial crisis in 1997/98. During and after the Asian and Mexican financial crises investors complained about the inefficiency of rating agencies and blamed them for enforcing the dynamics of financial crises.

Julia von Maltzan Pacheco discusses strengths and weaknesses of rating agencies within international markets of sovereign finance. She also presents policy options that focus especially on measures, which could prevent severe crises in international financial markets. An empirical study shows that rating agencies are important market players in international financial markets and that they need to improve their performance and to adapt their rating assessment constantly to the latest events.

About the authors

Dr. Julia von Maltzan Pacheco promovierte bei Prof. Dr. Gerd Hansen am Lehrstuhl für Ökonometrie der Universität Kiel. Sie war Konsultant im Development Centre der OECD in Paris und ist heute als Kapitalmarkt-Analystin bei der BBA Creditanstalt S.A. in Sao Paulo, Brasilien tätig.

Table of contents (7 chapters)

  • Capital Flows to Emerging Markets

    Maltzan Pacheco, Julia

    Pages 1-18

  • Risk and Economic Activity

    Maltzan Pacheco, Julia

    Pages 19-41

  • Sovereign Risk: Who Rates Whom and How?

    Maltzan Pacheco, Julia

    Pages 43-66

  • Ratings’ Impact on Financial Market Returns

    Maltzan Pacheco, Julia

    Pages 69-142

  • Rating and Their Determinants: An Empirical Attempt

    Maltzan Pacheco, Julia

    Pages 143-155

Buy this book

eBook $54.99
price for USA in USD (gross)
  • ISBN 978-3-663-09040-3
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $69.99
price for USA in USD
  • ISBN 978-3-8244-7218-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Loading...

Services for this Book

Recommended for you

Loading...

Bibliographic Information

Bibliographic Information
Book Title
The Influence of Ratings on International Finance Markets
Authors
Series Title
Gabler Edition Wissenschaft
Copyright
2000
Publisher
Deutscher Universitätsverlag
Copyright Holder
Springer Fachmedien Wiesbaden
eBook ISBN
978-3-663-09040-3
DOI
10.1007/978-3-663-09040-3
Softcover ISBN
978-3-8244-7218-5
Edition Number
1
Number of Pages
XX, 213
Number of Illustrations
35 b/w illustrations
Topics