Emerging Markets Instability : Do Sovereign Ratings Affect Country Risk and Stock Returns?
Financial market instability has been the focus of attention of both academic and policy circles. Rating agencies have been under particular scrutiny lately as promoters of financial excesses, upgrading countries in good times and downgrading them in bad times. Using a panel of emerging economie...
| Main Authors: | , |
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| Format: | Journal Article |
| Language: | en_US |
| Published: |
World Bank
2013
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/16217 |