Elections, Opportunism, Partisanship and Sovereign Ratings in Developing Countries

We empirically examine whether and how opportunistic and partisan political business cycle (PBC) considerations explain election-period decisions by credit rating agencies (agencies) publishing developing country sovereign risk-ratings (ratings). Analyses of 391 agency ratings for 19 countries holdi...

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Bibliographic Details
Main Authors: Vaaler, Paul M., Schrage, Burkhard N., Block, Steven A.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2010
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/2659
https://doi.org/10.1111/j.1467-9361.2005.00307.x
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Institution: Singapore Management University
Language: English
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