| dc.contributor | 財管系 | zh_TW |
| dc.creator (作者) | 陳聖賢 | zh_TW |
| dc.creator (作者) | Chen, Sheng-Syan | en_US |
| dc.creator (作者) | Chen, Hsien-Yi | en_US |
| dc.creator (作者) | Yang, Shu-Ling | en_US |
| dc.creator (作者) | Chang, Chong-Chuo | en_US |
| dc.date (日期) | 2016 | |
| dc.date.accessioned | 11-Jun-2018 17:15:08 (UTC+8) | - |
| dc.date.available | 11-Jun-2018 17:15:08 (UTC+8) | - |
| dc.date.issued (上傳時間) | 11-Jun-2018 17:15:08 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/117548 | - |
| dc.description.abstract (摘要) | This research examines how a sovereign rating revision of one country influences the economic growth rates of other countries. Rating revisions have significant output spillover effects: A one-notch upgrade (downgrade) prompts on average a significant downward revision of about 0.03% (0.07%) in the consensus forecast of annual economic growth rates of other countries in the two-month period after the event. The spillovers are transmitted through direct and indirect trade and financial linkages between event and non-event countries. The evidence indicates that a predominance of differential (common) spillovers leads upgrades (downgrades) to produce adverse output effects for other countries. | en_US |
| dc.format.extent | 368977 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.relation (關聯) | Journal of International Money and Finance, Vol.63, pp.48-63 | zh_TW |
| dc.subject (關鍵詞) | Sovereign credit rating revision; Output spillover; Economic growth | en_US |
| dc.title (題名) | Output Spillovers from Changes in Sovereign Credit Ratings | en_US |
| dc.type (資料類型) | article | |
| dc.identifier.doi (DOI) | 10.1016/j.jimonfin.2016.01.007 | |
| dc.doi.uri (DOI) | http://dx.doi.org/10.1016/j.jimonfin.2016.01.007 | |
