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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...

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application/pdf

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...

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15
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Economic & Sector Work :: Other Financial Sector Study
Washington, DC
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213
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Publications & Research :: Policy Research Working Paper
World Bank, Washington, DC
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177
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Economic & Sector Work :: Economic Updates and Modeling
Washington, DC
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166
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