Do Fiscal Imbalances Deteriorate Sovereign Debt Ratings? (notice n° 546141)
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fixed length control field | 01096cam a2200169 4500500 |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20250121113941.0 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | fre |
042 ## - AUTHENTICATION CODE | |
Authentication code | dc |
100 10 - MAIN ENTRY--PERSONAL NAME | |
Personal name | Afonso, António |
Relator term | author |
245 00 - TITLE STATEMENT | |
Title | Do Fiscal Imbalances Deteriorate Sovereign Debt Ratings? |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2011.<br/> |
500 ## - GENERAL NOTE | |
General note | 5 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | We use sovereign debt rating estimations from Afonso, Gomes and Rother [2009, 2011] for Fitch, Moody’s, and Standard & Poor’s, to assess to what extent the recent fiscal imbalances are being reflected on the sovereign debt notations. With macro and fiscal data up to 2009, and macro and fiscal projections up to 2012, we obtain the expected rating for several oecd countries. The answer to the title question is yes, but in a diverse way for each country. Our average model predictions point to a heterogeneous behaviour of rating agencies across countries. |
700 10 - ADDED ENTRY--PERSONAL NAME | |
Personal name | Gomes, Pedro |
Relator term | author |
786 0# - DATA SOURCE ENTRY | |
Note | Revue économique | 62 | 6 | 2011-11-24 | p. 1123-1134 | 0035-2764 |
856 41 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-economique-2011-6-page-1123?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-economique-2011-6-page-1123?lang=en&redirect-ssocas=7080</a> |
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