Bond Ratings And Their Determinants In A Changing Environment
2011 ◽
Vol 9
(1)
◽
pp. 132
◽
Keyword(s):
This study finds that bond rating agencies, to the extent that their behavior is captured in statistical rating models, tend to emphasize different variables over time and that this appears to be systematically related to the economic macro-environment. Specifically, the study finds that bond ratings are more sensitive to various measures of cashflow stability and solvency in an economically unstable period relative to a more stable period.
2003 ◽
Vol 2003
(68)
◽
pp. 1-37
◽
Keyword(s):
2010 ◽
Vol 22
(3)
◽
pp. 56-64
◽
1985 ◽
Vol 8
(4)
◽
pp. 307-315
◽
2006 ◽
Vol 42
(3)
◽
pp. 303-334
◽
2015 ◽
Vol 44
(6)
◽
pp. 1098-1112
◽
Keyword(s):
1992 ◽
Vol 6
(3)
◽
pp. 249-263
◽