Credit Rating Industry: A Helicopter Tour of Stylized Facts and Recent Theories

Abstract : The recent subprime crisis and the ongoing Euro zone crisis have generated an enormous interest in the credit rating industry not only among economists but also among average citizens. As a consequence, we have seen an explosion of the economic literature on the industry. The objective of this survey is to introduce readers to the key stylized facts of the credit rating industry and to the recent theoretical economic literature on this industry.
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International Journal of Industrial Organization, Elsevier, 2013, 31 (5), pp.643-651. 〈10.1016/j.ijindorg.2013.02.004〉
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Contributeur : Amaury Bouvet <>
Soumis le : dimanche 10 mars 2013 - 18:38:31
Dernière modification le : jeudi 11 janvier 2018 - 06:19:32

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Doh-Shin Jeon, Stefano Lovo. Credit Rating Industry: A Helicopter Tour of Stylized Facts and Recent Theories. International Journal of Industrial Organization, Elsevier, 2013, 31 (5), pp.643-651. 〈10.1016/j.ijindorg.2013.02.004〉. 〈hal-00798802〉

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