How Long to Read Are Rating Agencies Powerful? An Investigation Into the Impact and Accuracy of Sovereign Ratings

How Long Does it Take to Read Are Rating Agencies Powerful? An Investigation Into the Impact and Accuracy of Sovereign Ratings?

It takes the average reader and 35 minutes to read Are Rating Agencies Powerful? An Investigation Into the Impact and Accuracy of Sovereign Ratings by Mr.John Kiff

Assuming a reading speed of 250 words per minute. Learn more

Description

We find that Credit Rating Agencies (CRA)'s opinions have an impact in the cost of funding of sovereign issuers and consequently ratings are a concern for financial stability. While ratings produced by the major CRAs perform reasonably well when it comes to rank ordering default risk among sovereigns, there is evidence of rating stability failure during the recent global financial crisis. These failures suggest that ratings should incorporate the obligor's resilience to stress scenarios. The empirical evidence also supports: (i) reform initiatives to reduce the impact of CRAs' certification services; (ii) more stringent validation requirements for ratings if they are to be used in capital regulations; and (iii) more transparency with regard to the quantitative parameters used in the rating process.

How long is Are Rating Agencies Powerful? An Investigation Into the Impact and Accuracy of Sovereign Ratings?

Are Rating Agencies Powerful? An Investigation Into the Impact and Accuracy of Sovereign Ratings by Mr.John Kiff is 35 pages long, and a total of 8,925 words.

This makes it 12% the length of the average book. It also has 11% more words than the average book.

How Long Does it Take to Read Are Rating Agencies Powerful? An Investigation Into the Impact and Accuracy of Sovereign Ratings Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 48 minutes to read Are Rating Agencies Powerful? An Investigation Into the Impact and Accuracy of Sovereign Ratings aloud.

What Reading Level is Are Rating Agencies Powerful? An Investigation Into the Impact and Accuracy of Sovereign Ratings?

Are Rating Agencies Powerful? An Investigation Into the Impact and Accuracy of Sovereign Ratings is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Are Rating Agencies Powerful? An Investigation Into the Impact and Accuracy of Sovereign Ratings?

Are Rating Agencies Powerful? An Investigation Into the Impact and Accuracy of Sovereign Ratings by Mr.John Kiff is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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