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Published in:
2022 | OriginalPaper | Chapter
7. Backtesting
Author : Dr. Indranarain Ramlall
Published in: Central Bank Ratings
Publisher: Springer International Publishing
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Abstract
Any developed ratings should be rigorously assessed to confirm their validity, more precisely, to confirm their reliability in use. This requires the use of external data sources in the validation process. To fulfil that requirement, recourse is made to the following data, namely, Ease of Doing Business, Human Development Index and Corruption Perception Index and Sovereign ratings data.