Thazhugal Govindan Nair, Saji - In: Journal of Financial Economic Policy 12 (2019) 2, pp. 263-277
sovereign ratings and bond yield spreads in emerging markets. Design/methodology/approach: The ordinary least square regression … procedure administered on the most recent sovereign ratings of 46 countries demonstrates how the macroeconomic information … useful in predicting bond yield spreads than that embedded into the sovereign ratings. Practical implications: The outcomes …