메뉴 건너뛰기




Volumn 28, Issue 11, 2004, Pages 2845-2867

Rating the rating agencies: Anticipating currency crises or debt crises?

Author keywords

Crisis; Default; Distress; Early warning systems; Probability of default; Ratings

Indexed keywords


EID: 4644230844     PISSN: 03784266     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jbankfin.2004.06.012     Document Type: Article
Times cited : (80)

References (26)
  • 1
    • 4644321207 scopus 로고    scopus 로고
    • Market dynamics and investment performance of distressed and defaulted debt securities
    • Working Paper, Salomon Center, New York University
    • Altman, E.I., 1998. Market dynamics and investment performance of distressed and defaulted debt securities. Working Paper, Salomon Center, New York University
    • (1998)
    • Altman, E.I.1
  • 5
    • 1942453666 scopus 로고    scopus 로고
    • Sovereign credit ratings methodology: An evaluation
    • IMF Working Paper 02/170, International Monetary Fund, Washington
    • Bhatia, A.V., 2002. Sovereign credit ratings methodology: An evaluation. IMF Working Paper 02/170, International Monetary Fund, Washington
    • (2002)
    • Bhatia, A.V.1
  • 6
    • 0002481622 scopus 로고    scopus 로고
    • Determinants and impact of sovereign credit ratings
    • October Federal Reserve Bank of New York
    • Cantor, R., Packer, F., 1996. Determinants and impact of sovereign credit ratings. Economic Policy Review, Federal Reserve Bank of New York, vol. 2, October, pp. 37-53
    • (1996) Economic Policy Review , vol.2 , pp. 37-53
    • Cantor, R.1    Packer, F.2
  • 8
    • 0038726524 scopus 로고    scopus 로고
    • Crises and liquidity: Evidence and interpretation
    • IMF Working Paper 01/2, International Monetary Fund, Washington
    • Detriagache, E., Spilimbergo, A., 2001. Crises and liquidity: Evidence and interpretation. IMF Working Paper 01/2, International Monetary Fund, Washington
    • (2001)
    • Detriagache, E.1    Spilimbergo, A.2
  • 10
    • 0003623241 scopus 로고    scopus 로고
    • Assessing Financial Vulnerability: An Early Warning System for Emerging Markets
    • Washington: Institute for International Economics
    • M. Goldstein G.L. Kaminsky C.M. Reinhart Assessing Financial Vulnerability: An Early Warning System for Emerging Markets 2000 Institute for International Economics Washington
    • (2000)
    • Goldstein, M.1    Kaminsky, G.L.2    Reinhart, C.M.3
  • 12
    • 1542372336 scopus 로고    scopus 로고
    • The estimation of transition matrices for sovereign credit rating
    • London School of Economics, Bank of England, and Center for Economic Policy Research, Birbeck College, London, unpublished
    • Hu, Y.-T., Kiesel, R., Perraudin, W., 2001. The estimation of transition matrices for sovereign credit rating. London School of Economics, Bank of England, and Center for Economic Policy Research, Birbeck College, London, unpublished
    • (2001)
    • Hu, Y.-T.1    Kiesel, R.2    Perraudin, W.3
  • 14
    • 4644264617 scopus 로고    scopus 로고
    • Early Warning Systems in Fund Work
    • IMF, International Monetary Fund, Washington, unpublished
    • IMF, 2001. Early Warning Systems in Fund Work. International Monetary Fund, Washington, unpublished
    • (2001)
  • 15
    • 84873003228 scopus 로고    scopus 로고
    • Modeling a ratings crisis
    • Macquarie University, Sydney, Australia, unpublished
    • Juttner, J., McCarthy, D.J., 1998. Modeling a ratings crisis. Macquarie University, Sydney, Australia, unpublished
    • (1998)
    • Juttner, J.1    McCarthy, D.J.2
  • 16
    • 0003923477 scopus 로고    scopus 로고
    • International Financial Architecture for 2002: A New Approach to Sovereign Debt Restructuring
    • AEI, The National Economists' Club Annual Members' Dinner International Monetary Fund, Washington, DC. Available from, www.imf.org
    • Krueger, A., 2002. International Financial Architecture for 2002: A New Approach to Sovereign Debt Restructuring, AEI, The National Economists' Club Annual Members' Dinner. International Monetary Fund, Washington, DC. Available from www.imf.org
    • (2002)
    • Krueger, A.1
  • 17
    • 4644358272 scopus 로고    scopus 로고
    • Predicting sovereign debt crises
    • IMF Working Paper WP/03/221, International Monetary Fund, Washington, DC
    • Manasse, P., Roubini, R., Schimmelpfennig, A., 2003. Predicting sovereign debt crises. IMF Working Paper WP/03/221, International Monetary Fund, Washington, DC
    • (2003)
    • Manasse, P.1    Roubini, R.2    Schimmelpfennig, A.3
  • 18
    • 0011706663 scopus 로고    scopus 로고
    • Crisis dynamics of implied default recovery ratios: Evidence from Russia and Argentina
    • J.J. Merrick Jr Crisis dynamics of implied default recovery ratios: Evidence from Russia and Argentina Journal of Banking and Finance 25 10 2001 1921-1939
    • (2001) Journal of Banking and Finance , vol.25 , Issue.10 , pp. 1921-1939
    • Merrick Jr., J.J.1
  • 19
    • 0011321158 scopus 로고    scopus 로고
    • Using credit ratings for capital requirements on lending to emerging economies: Possible impact of a new Basel Accord
    • IMF Working Paper WP/00/69, International Monetary Fund, Washington, DC
    • Monfort, B., Mulder, C., 2000. Using credit ratings for capital requirements on lending to emerging economies: Possible impact of a new Basel Accord. IMF Working Paper WP/00/69, International Monetary Fund, Washington, DC
    • (2000)
    • Monfort, B.1    Mulder, C.2
  • 21
    • 4644359143 scopus 로고    scopus 로고
    • Introducing the J.P. Morgan Implied Default Probability Model: A Powerful Tool for Bond Valuation
    • J.P. Morgan Securities Inc., September
    • Nencioni, F., Xu, D., 2000. Introducing the J.P. Morgan Implied Default Probability Model: A Powerful Tool for Bond Valuation. J.P. Morgan Securities Inc., September
    • (2000)
    • Nencioni, F.1    Xu, D.2
  • 22
    • 29244460168 scopus 로고    scopus 로고
    • Debt crises and the development of international capital markets Forthcoming
    • IMF Working Paper, International Monetary Fund, Washington, DC
    • Pescatori, A., Sy, A., 2004. Debt crises and the development of international capital markets. Forthcoming IMF Working Paper, International Monetary Fund, Washington, DC
    • (2004)
    • Pescatori, A.1    Sy, A.2
  • 23
    • 4644270982 scopus 로고    scopus 로고
    • Estimating default probabilities of emerging market sovereigns: A new look at a not-sonew literature
    • HEI Working Paper No 06/2002, Graduate Institute of International Studies, Geneva
    • Peter, M., 2002. Estimating default probabilities of emerging market sovereigns: A new look at a not-sonew literature. HEI Working Paper No 06/2002, Graduate Institute of International Studies, Geneva
    • (2002)
    • Peter, M.1
  • 24
    • 0038726990 scopus 로고    scopus 로고
    • The east Asian financial crises: Diagnosis, remedies, prospects
    • S. Radelet J. Sachs The east Asian financial crises: Diagnosis, remedies, prospects Brookings Papers on Economic Activity 1 1998 1-90
    • (1998) Brookings Papers on Economic Activity , vol.1 , pp. 1-90
    • Radelet, S.1    Sachs, J.2
  • 25
    • 0036931175 scopus 로고    scopus 로고
    • Credit ratings, default, and financial crises: Evidence from emerging markets
    • C.M. Reinhart Credit ratings, default, and financial crises: Evidence from emerging markets World Bank Economic Review 16 2 2002 151-170
    • (2002) World Bank Economic Review , vol.16 , Issue.2 , pp. 151-170
    • Reinhart, C.M.1
  • 26
    • 79551483507 scopus 로고    scopus 로고
    • Sovereign Credit Ratings: A Primer
    • Standard and Poor's, December
    • Standard and Poor's, 1998. Sovereign Credit Ratings: A Primer, December
    • (1998)


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.