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...
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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