Emerging Markets Instability: Do Sovereign Ratings Affect Country Risk and Stock Returns?
Graciela Laura Kaminsky · Sergio L. Schmukler
Jan 2001 · World Bank Publications
Ebook
22
Pages
About this ebook
Changes in sovereign ratings affect country risk and stock returns. And these changes are transmitted across countries, with neighbor-country effects being more significant.
Changes in sovereign ratings affect country risk and stock returns. And these changes are transmitted across countries, with neighbor-country effects being more significant.
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