¿Influye la corrupción percibida en el mercado de seguros de crédito en España? Un análisis mediante la herramienta Google Trends

  1. Judit Naveira Gallego 1
  2. Marcos González Fernández 1
  1. 1 Universidad de León
    info

    Universidad de León

    León, España

    ROR https://ror.org/02tzt0b78

Journal:
Revista de métodos cuantitativos para la economía y la empresa

ISSN: 1886-516X

Year of publication: 2022

Volume: 33

Pages: 169-190

Type: Article

DOI: 10.46661/REVMETODOSCUANTECONEMPRESA.5171 DIALNET GOOGLE SCHOLAR lock_openOpen access editor

More publications in: Revista de métodos cuantitativos para la economía y la empresa

Abstract

In this paper, we perform an analysis about the effect of the perception of corruption in the activity of the credit insurance or CDS market in Spain during the period between 2008 and 2018. To measure the perception of corruption, we use Google Trends tool for the keyword “corrupcion”. On the other hand, to proxy the activity of the CDS market, we use the evolution of the 5-year CDSs. Subsequently, an empirical analysis is carried out through regression methodology and out-of-sample analysis to verify the predictive capacity of the model. The results show that perceived corruption impacts the evolution of CDSs, and its influence is greater in the years in which the country's economy does not face a crisis.

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