Quantitative Easing and Credit Rating Agencies /
This paper investigates the behaviour of credit rating agencies using a natural experiment in monetary policy. We exploit the corporate QE of the Eurosystem and its rating-based specific design which generates exogenous variation in the probability for a bond of becoming eligible for outright purcha...
| Huvudupphovsman: | |
|---|---|
| Övriga upphovsmän: | , |
| Materialtyp: | Tidskrift |
| Språk: | English |
| Publicerad: |
Washington, D.C. :
International Monetary Fund,
2022.
|
| Serie: | IMF Working Papers; Working Paper ;
No. 2022/113 |
| Ämnen: | |
| Länkar: | Full text available on IMF |