It takes the average reader 6 hours and 32 minutes to read Ratings, Rating Agencies and the Global Financial System by Richard M. Levich
Assuming a reading speed of 250 words per minute. Learn more
Ratings, Rating Agencies and the Global Financial System brings together the research of economists at New York University and the University of Maryland, along with those from the private sector, government bodies, and other universities. The first section of the volume focuses on the historical origins of the credit rating business and its present day industrial organization structure. The second section presents several empirical studies crafted largely around individual firm-level or bank-level data. These studies examine (a) the relationship between ratings and the default and recovery experience of corporate borrowers, (b) the comparability of credit ratings made by domestic and foreign rating agencies, and (c) the usefulness of financial market indicators for rating banks, among other topics. In the third section, the record of sovereign credit ratings in predicting financial crises and the reaction of financial markets to changes in credit ratings is examined. The final section of the volume emphasizes policy issues now facing regulators and credit rating agencies.
Ratings, Rating Agencies and the Global Financial System by Richard M. Levich is 379 pages long, and a total of 98,161 words.
This makes it 128% the length of the average book. It also has 120% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 8 hours and 56 minutes to read Ratings, Rating Agencies and the Global Financial System aloud.
Ratings, Rating Agencies and the Global Financial System is suitable for students ages 12 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.
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