Sovereign Credit Rating Mismatches

We study the factors behind ratings mismatches in sovereign credit ratings from different agencies, for the period 1980‑‑2015. Using random effects ordered and simple probit approaches, we find that structural balances and the existence of a default in the last ten years were the least significant v...

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Bibliographic Details
Main Authors: António Afonso, André Albuquerque
Format: Article
Language:English
Published: Coimbra University Press 2018-07-01
Series:Notas Económicas
Subjects:
Online Access:https://impactum-journals.uc.pt/notaseconomicas/article/view/5961