Ряховская Александра Олеговна
Modelling rating changes of international banks
The thesis if devoted to modelling changes of ratings of international banks. The sample of changes constitutes of data of international rating agencies Moody's, Standard & Poor's and Fitch. The model was constructed using the ordered logit with varioud financial and macroeconomic parameters as independent variables. Different ways of transition from symbolic ranking to numeric scales were considered based on degree of detalization.