Understanding the determinants of sovereign debt ratings: Evidence for the two leading agencies

Author:

Afonso Antonio

Publisher

Springer Science and Business Media LLC

Subject

Economics and Econometrics,Finance

Reference25 articles.

1. Alesina, A., M. De Broeck, A. Prati, and G. Tabellini. 1992. “Default Risk.”Economic Policy 15: 427–463.

2. Altman, E. 1997., “The Importance and Subtlety of Credit Rating Migration.” Mimeo, Stern School of Business, NY University, September.

3. Bayoumi, T., M. Goldstein, and G. Woglom. 1995. “Do Credit Markets Discipline Sovereign Borrowers? Evidence from the U.S. States.”Journal of Money, Credit, and Banking 27: 1046–1059.

4. BIS. 2000. “Credit Ratings and Complementary Sources of Credit Quality Information,” Basel Committee on Banking Supervision, Working Papers 3, August, Bank for International Settlements.

5. Bulow, J. 1992. “Debt and Default: Corporate vs. Sovereign.” InNew Palgrave Dictionary of Money and Finance, edited by P. Newman, M. Milgate, and J. Eatwell. New York: Stockton Press.

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