With a structural ridge beam, the rafters have vertical support at the ridge and the wall, so equilibrium can be reached without horizontal forces at the wall and ridge. However, when the ridge beam deflects, the rafters will move with it, and there would be some resulting horizontal deflection imposed at the top of the wall. To minimize this, I design stiff ridge beams. You also need properly designed posts and footings to support the ridge beam.
If you don't have a structural ridge beam, it's been my experience that collar ties are not very effective because they tend to be located too far away from the top plate. The tension force in the collar ties often requires alot of nails, or the use of bolted conncetions. Also, there is a lot more bending in the rafter because of the collar tie. If this isn't accounted for, the rafters can be undersized, and over time they can creep and cause the walls to kick out. I have seen this on several existing buildings that I have checked. This problem becomes worse with decreasing roof pitches.
It's also been my experience that a lot of architects (and some engineers) don't really understand what is necessary for a sloped roof using rafters to stand up and not kick the walls out. If you don't have a reliable load path to resolve the horizontal forces with rafters, then the rafters require two points of vertical support for equilibrium. An inadequate design for this system is the number 1 problem that I have seen when investigating sloped roofs with cathedral ceilings. Unfortunately, trying to design this system properly can result in battles with the architect, because they may not like the ridge beams, and may not understand the difficulties with collar ties.