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Rating through-the-cycle : what does the concept imply for rating stability and accuracy? /

"Credit rating agencies face a difficult trade-off between delivering both accurate and stable ratings. In particular, its users have consistently expressed a preference for rating stability, driven by the transactions costs induced by trading when ratings change frequently. Rating agencies gen...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Kiff, John (Autor), Kisser, Michael (Autor), Schumacher, Liliana (Autor)
Autor Corporativo: International Monetary Fund. Monetary and Capital Markets Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2013.
Colección:IMF working paper ; WP/13/64.
Temas:
Acceso en línea:Texto completo

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