Survey panel data for the years 2004-2005 and 2011-2012. We use three different tools, viz., transition matrices, multinomial …

for a panel of predominantly mid- and large-cap entities. Using credit transition matrices and rating histories from 48 US …

for a panel of predominantly mid- and large-cap entities. Using credit transition matrices and rating histories from 48 US …

Survey panel data for the years 2004-2005 and 2011-2012. We use three different tools, viz., transition matrices, multinomial …

mobility exist, reliance on transition matrices remains pervasive due to simplicity and ease of interpretation. However …, estimation of transition matrices is complicated by the well-acknowledged problem of measurement error in self-reported and even … via transition matrices while formally accounting for measurement error in a reasonably trans- parent manner. To do so, we …