Determinants of the Distance between Sovereign Credit Ratings and Sub-Sovereign Bond Ratings : Evidence from Emerging Markets and Developing Economies
This article explores factors that affect the distance between sovereign credit ratings and the ratings assigned to new foreign-currency bonds issued by sub-sovereign entities (such as private non-financial corporations, financial firms, and public sector enterprises) in 47 emerging markets and deve...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Taylor and Francis
2018
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/29117 |