Afonso, António (contributor); Gomes, Pedro (contributor); … - 2007
international rating agencies, for the period 1995-2005. We employ panel estimation and random effects ordered probit approaches to … rating
notations from the three main international rating agencies, for the period 1995-2005.
We employ panel estimation … default risk.
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For the present study we limited the sample to 1995-2005 because of data …