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Economic & Sector Work
Washington, DC
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48
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Economic & Sector Work
Washington, DC
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45
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Economic & Sector Work :: Economic Updates and Modeling
Washington, DC
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49
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Report
World Bank, Washington, DC
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41
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0
Report
Washington, DC
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39
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Economic & Sector Work :: Economic Updates and Modeling
Washington, DC
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40
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Working Paper
World Bank, Washington, DC
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38
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Economic & Sector Work :: Other Financial Sector Study
Nairobi
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40
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Publications & Research :: Policy Research Working Paper
World Bank, Washington, DC
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35
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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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