Ordered response models for sovereign debt ratings
Using ordered logit and probit plus random effects ordered probit approaches, we study the determinants of sovereign debt ratings. We found that the last procedure is the best for panel data as it takes into account the additional cross-section error.
|Year of publication:||
|Authors:||Afonso, Antonio ; Gomes, Pedro ; Rother, Philipp|
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 16.2009, 8, p. 769-773
Taylor & Francis Journals
|Type of publication:||Article|
Persistent link: https://www.econbiz.de/10004966474