Rating the Rating Agencies : Anticipating Currency Crises or Debt Crises? /

Rating the Rating Agencies : Anticipating Currency Crises or Debt Crises? /

In contrast to the early-warning system literature, we find that currency and debt crises are not closely linked in emerging markets. We find that after 1994, credit ratings predict debt crises but fail to anticipate currency crises. When debt crises are defined as sovereign distress-when spreads ar...

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Bibliografiske detaljer
Hovedforfatter:	Sy, Amadou
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 2003.
Serier:	IMF Working Papers; Working Paper ; No. 2003/122
Online adgang:	Full text available on IMF

Lignende værker

The Systemic Regulation of Credit Rating Agencies and Rated Markets /
af: Sy, Amadou
Udgivet: (2009)

Are Rating Agencies Powerful? : An Investigation Into the Impact and Accuracy of Sovereign Ratings /
af: Kiff, John
Udgivet: (2012)

The Independence of Credit Rating Agencies
af: Mattarocci, Gianluca
Udgivet: (2014)

The Independence of Credit Rating Agencies
af: Mattarocci, Gianluca
Udgivet: (2014)

Credit rating methodology of the Bangladesh Rating Agency Limited
af: Tasnim, Humayra
Udgivet: (2019)

Credit rating method of credit rating agency of Bangladesh (CRAB)
af: Nisa, Sifat-E-Monzur
Udgivet: (2015)

Quantitative Easing and Credit Rating Agencies /
af: Abidi, Nordine
Udgivet: (2022)

Credit rating agencies on the watch list
af: García Alcubilla, Raquel

Emerging Market Bond Spreads and Sovereign Credit Ratings : Reconciling Market Views with Economic Fundamentals /
af: Sy, Amadou
Udgivet: (2001)

Debt Crises and the Development of International Capital Markets /
af: Sy, Amadou
Udgivet: (2004)

Managing the Interest Rate Risk of Indian Banks' Government Securities Holdings /
af: Sy, Amadou
Udgivet: (2005)

Anticipated Exchange Rate Reforms /
af: Flood, Robert
Udgivet: (1992)

The macroeconomic theory of exchange rate crises
af: Piersanti, Giovanni

Exchange Rate Policy and Debt Crises in Emerging Economies /
af: Montiel, Peter
Udgivet: (2003)

Local Currency Debt Markets in the West African Economic and Monetary Union /
af: Sy, Amadou
Udgivet: (2007)

Pricing Floating-Rate Debt and Related Interest Rate Options /
af: Scott, Louis
Udgivet: (1990)

Limits of Floating Exchange Rates : the Role of Foreign Currency Debt and Import Structure /
af: Towbin, Pascal
Udgivet: (2011)

A Model of the Joint Distribution of Banking and Exchange-Rate Crises /
af: Marion, Nancy
Udgivet: (2001)

Interest Rate Defenses of Currency Pegs /
af: Sole, Juan
Udgivet: (2004)

Anticipation and Surprises in Central Bank Interest Rate Policy : The Case of the Bundesbank.
Udgivet: (1998)

Currency Boards, Credibility, and Macroeconomic Behavior /
af: Sy, Amadou
Udgivet: (2000)

An Interest Rate Defense of a Fixed Exchange Rate? /
af: Jeanne, Olivier
Udgivet: (2000)

Nominal Exchange Rates and Nominal Interest Rate Differentials /
af: Nadal De Simone, Francisco
Udgivet: (1999)

Managerial Entrenchment and the Choice of Debt Financing /
af: Sy, Amadou
Udgivet: (1999)

Exchange-Rate Swings and Foreign Currency Intervention /
af: Filardo, Andrew
Udgivet: (2022)

Commodity Currencies and Empirical Exchange Rate Puzzles /
af: Rogoff, Kenneth
Udgivet: (2002)

Exchange Rate Arrangements and Currency Convertibility : Developments and Issues /
af: Johnston, R.
Udgivet: (1999)

Exchange Rate Unification, the Equilibrium Real Exchange Rate, and Choice of Exchange Rate Regime : The Case of the Islamic Republic of Iran.
Udgivet: (1999)

The Stabilizing Effect of the ERMon Exchange Rates and Interest Rates : An Empirical Investigation /
af: Artis, Michael
Udgivet: (1993)

What Are Reference Rates For? /
af: Kirti, Divya
Udgivet: (2017)

Preprimary Enrollment Rates

Interest Rate Derivatives
af: Beyna
Udgivet: (2013)

Measuring metabolic rates
af: Lighton, John R. B.

Preprimary Enrollment Rates

Labor rate schedule,

Capital Flows, Exchange Rate Flexibility, and the Real Exchange Rate /
af: Combes, Jean-Louis
Udgivet: (2011)

The Interest Rate-Exchange Rate Nexus in the Asian Crisis Countries /
af: Ghosh, Atish
Udgivet: (2000)

Interest Rates in Mexico : The Role of Exchange Rate Expectations and International Creditworthiness /
af: Khor, Hoe
Udgivet: (1991)

Sustaining Fixed Exchange Rates : A Model with Debt and Institutions /
af: Pitt, Alexander
Udgivet: (2001)

Islamic Bond Issuance : What Sovereign Debt Managers Need to Know /
af: Sy, Amadou
Udgivet: (2008)