Are Rating Agencies Powerful? : An Investigation Into the Impact and Accuracy of Sovereign Ratings /
We find that Credit Rating Agencies (CRA)'s opinions have an impact in the cost of funding of sovereign issuers and consequently ratings are a concern for financial stability. While ratings produced by the major CRAs perform reasonably well when it comes to rank ordering default risk among sove...
প্রধান লেখক: | |
---|---|
অন্যান্য লেখক: | , |
বিন্যাস: | পত্রিকা |
ভাষা: | English |
প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2012.
|
মালা: | IMF Working Papers; Working Paper ;
No. 2012/023 |
অনলাইন ব্যবহার করুন: | Full text available on IMF |