Sovereign Credit Ratings and Their Impact on Recent Financial Crises

Kraussl Roman
CEIS Working Papers
This paper discusses the role of the credit rating agencies during the recent financial crises. In particular, it examines whether the agencies can add to the dynamics of emerging market crises. Academics and investors often argue that sovereign credit ra
Number: 135
Date: Friday, December 1, 2000
Revision Date: Friday, December 1, 2000