Factors Affecting Country Risk Premium: An Analysis For Selected Countries

Factors Affecting Country Risk Premium: An Analysis For Selected Countries | Research Square window.SnipcartSettings = { analytics: { enabled: false } }; (function() { var accessVector = localStorage.getItem('access_vector') || ''; window.dataLayer = window.dataLayer || []; if (accessVector) { window.dataLayer.push({ user: { profile: { profileInfo: { snid: accessVector } } } }); } })(); (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src='https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f);})(window,document,'script','dataLayer','GTM-K279D39R'); Browse Preprints In Review Journals COVID-19 Preprints AJE Video Bytes Research Tools Research Promotion AJE Professional Editing AJE Rubriq About Preprint Platform In Review Editorial Policies Our Team Advisory Board Help Center Sign In Submit a Preprint Cite Share Download PDF Research Article Factors Affecting Country Risk Premium: An Analysis For Selected Countries Gülden Şensoy, Yusuf Bayraktutan This is a preprint; it has not been peer reviewed by a journal. https://doi.org/ 10.21203/rs.3.rs-6695449/v1 This work is licensed under a CC BY 4.0 License Status: Posted Version 1 posted You are reading this latest preprint version Abstract Investors in different countries make investment location preferences by considering risk situations as well as profit opportunities. In this context, the determination of the factors affecting country risk guides both the decision-making processes of investors and the policy designs of countries in need of foreign resources. The aim of this study is to analyse the determinants of country risk for emerging market economies including Turkey. Using quarterly data for the period 2006-2022, the analysis identifies the factors affecting sovereign risk. The factors included in the designed model and considered to affect country risk are analysed using the Driscoll Kraay method. Geopolitical risk, the ratio of reserves to current account deficit, a dummy variable for the 2008 crisis, exchange rate volatility and the uncertainty index of countries are preferred as explanatory variables. JEL Codes: C33, F39, G19. Country Risk CDS Premium Panel Data Analysis Geopolitical Risk Exchange Rate Volatility Full Text Additional Declarations The authors declare no competing interests. Cite Share Download PDF Status: Posted Version 1 posted You are reading this latest preprint version Research Square lets you share your work early, gain feedback from the community, and start making changes to your manuscript prior to peer review in a journal. As a division of Research Square Company, we’re committed to making research communication faster, fairer, and more useful. We do this by developing innovative software and high quality services for the global research community. Our growing team is made up of researchers and industry professionals working together to solve the most critical problems facing scientific publishing. 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