Sovereign ratings and finance ministers' characteristics

Detalhes bibliográficos
Autor(a) principal: Afonso, António
Data de Publicação: 2019
Outros Autores: Jalles, João Tovar
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/26923
Resumo: We assess the effect of a newly-compiled set of finance ministers´ characteristics on long-term sovereign rating notations. Using a sample of 26 EU countries between 1980-2012, we find that the existence of more focused delegation-oriented fiscal framework, the Minister of Finance being a woman, and the Minister of Finance having a degree in the areas of finance or “hard sciences” contributes to better sovereign ratings, and the opposite in the case of a Law background.
id RCAP_58d37f52f34f58fa454029058804da74
oai_identifier_str oai:www.repository.utl.pt:10400.5/26923
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling Sovereign ratings and finance ministers' characteristicsSovereign RatingsEU CountriesOrdered ProbitFiscal FrameworkSovereign DebtFiscal FrameworkWe assess the effect of a newly-compiled set of finance ministers´ characteristics on long-term sovereign rating notations. Using a sample of 26 EU countries between 1980-2012, we find that the existence of more focused delegation-oriented fiscal framework, the Minister of Finance being a woman, and the Minister of Finance having a degree in the areas of finance or “hard sciences” contributes to better sovereign ratings, and the opposite in the case of a Law background.Scimago LabRepositório da Universidade de LisboaAfonso, AntónioJalles, João Tovar2023-01-17T16:23:24Z20192019-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/26923engAfonso, António and João Tovar Jalles .(2019). ''Sovereign ratings and finance ministers' characteristics'', Economics Bulletin, Volume 39, Issue 4, pp. 2999-30101545-2921info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:56:21Zoai:www.repository.utl.pt:10400.5/26923Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:10:28.580406Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Sovereign ratings and finance ministers' characteristics
title Sovereign ratings and finance ministers' characteristics
spellingShingle Sovereign ratings and finance ministers' characteristics
Afonso, António
Sovereign Ratings
EU Countries
Ordered Probit
Fiscal Framework
Sovereign Debt
Fiscal Framework
title_short Sovereign ratings and finance ministers' characteristics
title_full Sovereign ratings and finance ministers' characteristics
title_fullStr Sovereign ratings and finance ministers' characteristics
title_full_unstemmed Sovereign ratings and finance ministers' characteristics
title_sort Sovereign ratings and finance ministers' characteristics
author Afonso, António
author_facet Afonso, António
Jalles, João Tovar
author_role author
author2 Jalles, João Tovar
author2_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Afonso, António
Jalles, João Tovar
dc.subject.por.fl_str_mv Sovereign Ratings
EU Countries
Ordered Probit
Fiscal Framework
Sovereign Debt
Fiscal Framework
topic Sovereign Ratings
EU Countries
Ordered Probit
Fiscal Framework
Sovereign Debt
Fiscal Framework
description We assess the effect of a newly-compiled set of finance ministers´ characteristics on long-term sovereign rating notations. Using a sample of 26 EU countries between 1980-2012, we find that the existence of more focused delegation-oriented fiscal framework, the Minister of Finance being a woman, and the Minister of Finance having a degree in the areas of finance or “hard sciences” contributes to better sovereign ratings, and the opposite in the case of a Law background.
publishDate 2019
dc.date.none.fl_str_mv 2019
2019-01-01T00:00:00Z
2023-01-17T16:23:24Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/26923
url http://hdl.handle.net/10400.5/26923
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Afonso, António and João Tovar Jalles .(2019). ''Sovereign ratings and finance ministers' characteristics'', Economics Bulletin, Volume 39, Issue 4, pp. 2999-3010
1545-2921
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Scimago Lab
publisher.none.fl_str_mv Scimago Lab
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
_version_ 1799131202232254464

Registros relacionados