English  |  正體中文  |  简体中文  |  Items with full text/Total items : 90068/105181 (86%)
Visitors : 7149019      Online Users : 91
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    ASIA unversity > 管理學院 > 財務金融學系 > 期刊論文 >  Item 310904400/79195


    Please use this identifier to cite or link to this item: http://asiair.asia.edu.tw/ir/handle/310904400/79195


    Title: How do sovereign credit rating changes affect private investment
    Authors: 陳聖賢;Chen, Sheng-Syan;陳獻儀;Chen, Hsien-Yi;張眾卓;Chang, Chong-Chuo;楊淑玲;Yang, Shu-Ling
    Contributors: 財務金融學系
    Keywords: Sovereign credit rating;Private investment;Irreversible investment
    Date: 2013-12
    Issue Date: 2014-01-06 20:20:49 (UTC+8)
    Abstract: Sovereign credit rating changes have an influence on real private investment of re-rated countries. We find significant increases in private investment growth following upgrades in sovereign ratings. These increases, however, are transitory. We also find significant, temporary declines in private investment growth following sovereign rating downgrades. The results hold after accounting for re-rated countries’ growth opportunities, endogeneity, and other factors that could affect private investment. The irreversible nature of investment may be the explanation for the temporary changes in the growth rates of physical capital investment associated with revisions in sovereign credit ratings.
    Relation: JOURNAL OF BANKING & FINANCE,37(12),4820–4833.
    Appears in Collections:[財務金融學系] 期刊論文

    Files in This Item:

    File SizeFormat
    index.html0KbHTML175View/Open


    All items in ASIAIR are protected by copyright, with all rights reserved.


    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback