Sovereign ratings in the post-crisis world : an analysis of actual, shadow and relative risk ratings (Английский)

This paper analyzes the evolution of sovereign credit ratings in the wake of the global financial crisis by studying changes in actual, shadow, and relative ratings between 2008 and 2012. For countries that do not have a rating from the major rating agencies, shadow ratings are estimated as a function of macroeconomic, structural, and governance variables. The shadow rating exercise confirms earlier findings in the literature that even after the financial...
Подробнее

ПОДРОБНАЯ ИНФОРМАЦИЯ

Подробнее

SUBSCRIBE TO EMAIL ALERTS

This document is being processed or is not available.