Sovereign ratings and finance ministers’ characteristics

This paper empirically assesses the effect of a newly-compiled set of finance ministers´ characteristics on the setting by rating agencies of the long-term sovereign rating notations. Using a sample of 26 EU countries between 1980-2012, we find that the existence of more focused delegation-oriented...

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Bibliographic Details
Main Author: Afonso, António (author)
Other Authors: Jalles, João Tovar (author)
Format: workingPaper
Language:eng
Published: 2019
Subjects:
sovereign ratings
ordered probit
sovereign debt
panel data
principal components
Online Access:http://hdl.handle.net/10400.5/17372
Country:Portugal
Oai:oai:www.repository.utl.pt:10400.5/17372

Internet

http://hdl.handle.net/10400.5/17372

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