Publicação
Ordered response models for sovereign debt ratings
| Resumo: | Using ordered logit and probit plus random effects ordered probit approaches, we study the determinants of sovereign debt ratings. We found that the last procedure is the best for panel data as it takes into account the additional cross-section error. |
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| Autores principais: | Afonso, António |
| Outros Autores: | Gomes, Pedro; Rother, Philipp |
| Assunto: | Ordered Probit Ordered Logit Random Effects Ordered Logit Sovereign Rating |
| Ano: | 2009 |
| País: | Portugal |
| Tipo de documento: | artigo |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório da Universidade de Lisboa |
| Resumo: | Using ordered logit and probit plus random effects ordered probit approaches, we study the determinants of sovereign debt ratings. We found that the last procedure is the best for panel data as it takes into account the additional cross-section error. |
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