This site is for archive purposes. Please visit www.eliamep.gr for latest updates
Go to Top

Has the crisis affected the behavior of the rating agencies?-Panel Evidence from the Eurozone

Boumparis, Periklis, Milas, Costas, Panagiotidis, Theodore, (2015), “Has the crisis affected the behavior of the rating agencies?-Panel Evidence from the Eurozone”, University of Macedonia, Discussion Paper No. 4/2015, Νοέμβριος

We examine the determinants of credit ratings for the Eurozone countries over the period 2002-2013 within a panel framework that allows for cross-sectional dependence. We find that government debt and the cumulative current account exert a stronger impact on ratings post- 2008 compared to the period before.

Σχετικές Αναρτήσεις