The Nonlinear Relationship Between Public Debt and Sovereign Credit Ratings /

This study investigates the nonlinear relationship between public debt and sovereign credit ratings, using a wide sample of over one hundred advanced, emerging, and developing economies. It finds that: i) higher public debt lowers the probability of being placed in a higher rating category; ii) the...

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Bibliographic Details
Main Author: Hadzi-Vaskov, Metodij
Other Authors: Ricci, Luca
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/162
Subjects:
Online Access:Full text available on IMF