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

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...

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INFORMATION

Auteur

Basu,Kaushik Chandra;

De,Supriyo;

Ratha,Dilip Kumar;

Timmer,Hans;
Date du document
2013/10/01
Type de document
Document de travail de recherche sur les politiques
Numéro du rapport
WPS6641
Volume
1
Total Volume(s)
1
Pays
Philippines, Azerbaïdjan, Indonésie, Kazakhstan, Monde, Éthiopie,
Région
Europe et Asie centrale, Autres, Eastern and Southern Africa, Asie de l’Est et Pacifique,
Date de publication
2013/10/01
Disclosure Status
Disclosed
Titre du rapport
Sovereign ratings in the post-crisis world : an analysis of actual, shadow and relative risk ratings
Mots clé
Rule of Law

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

INFORMATION

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