Volume 2, Issue 6, December 2013, Page: 169-173
The Criticality of the Rating Market Views through Greece
Maria Pompò, University “ Giustino fortunato”Benevento via Del Cogliano, Researcher in Political Economy. I deal whith monetary policy, Professor in Economic Policy “ Giustino fortunato” Benevento, Professor in Environmental Economics University “ LUSPIO” ROMA
Received: Oct. 2, 2013;       Published: Jan. 10, 2014
DOI: 10.11648/j.ijber.20130206.16      View  2989      Downloads  143
The article highlights the limits rating criteria, that after the crisis of 2007 is to influence more and more the operation of financial markets, but also the economic policies of national governments. The work indicates the critical market rating which presents itself as an oligopolistic market.After, in this paper we examine the determinants of credit rating in the Greece issued by agencies such as S&P. The objective of this paper is to analyze a statistic index which is actually the result of unknown algorithms. Therefore, taking a time series variables and choices appropriate to the model, we apply a GARCH model to estimate the economic result of the rating. Although the economic literature there are many contributions (Rowland and Torres 2004, Peter Rowland 2006), most uses of the panel in probit models. However, differences in economic variables from country to country choices in the model do not permit a more uniform result in order to capture the true rating of Greece.
Rating, Financial Markets
To cite this article
Maria Pompò, The Criticality of the Rating Market Views through Greece, International Journal of Business and Economics Research. Vol. 2, No. 6, 2013, pp. 169-173. doi: 10.11648/j.ijber.20130206.16
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