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Assessing country risk using a multi–group discrimination method: A comparative analysis

Zopounidis Konstantinos, Doumpos, Michael, C. Agorastos

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URIhttp://purl.tuc.gr/dl/dias/42A90FAC-3F1D-400B-8C96-BD78CC436297-
Identifierhttps://doi.org/10.1108/03074350110767312-
Languageen-
Extent19 pagesen
TitleAssessing country risk using a multi–group discrimination method: A comparative analysisen
CreatorZopounidis Konstantinosen
CreatorΖοπουνιδης Κωνσταντινοςel
CreatorDoumpos, Michaelen
CreatorC. Agorastosen
PublisherMCB UPen
Content SummaryExplains the importance of assessing country risk to lenders and investors, outlines previous research on techniques for doing this and describes a classification method: the multi‐group hierarchical discrimination method (MHD). Applies this to 1978‐1995 data for 143 countries, subdivided into four income groups, and compares the results with those from multiple discriminant, logit and probit analyses using jackknife procedures. Finds MHD more accurate overall and for most income groups except the lower‐middle income economies. Briefly considers other applications for MHD and avenues for further research.en
Type of ItemPeer-Reviewed Journal Publicationen
Type of ItemΔημοσίευση σε Περιοδικό με Κριτέςel
Licensehttp://creativecommons.org/licenses/by/4.0/en
Date of Item2015-10-27-
Date of Publication2001-
SubjectCapability, Financial (Financial literacy)en
SubjectFinancial capability (Financial literacy)en
SubjectLiteracy, Financialen
Subjectfinancial literacyen
Subjectcapability financial financial literacyen
Subjectfinancial capability financial literacyen
Subjectliteracy financialen
Bibliographic CitationM. Doumpos, K. Pentaraki, C. Zopounidis , C. Agorastos ," Assessing country risk using a multi–group discrimination method: A comparative analysis, Man. Finance, vol. 27, no. 8, pp. 16-34,2001. doi:10.1108/03074350110767312en

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