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Jeon, Doh-Shin
and Lovo, Stefano
(2013)
Credit Rating Industry: a Helicopter Tour of Stylized Facts and Recent Theories.
International Journal of Industrial Organization, vol.31 (n°5).
pp. 643-651.
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Official URL : http://tse-fr.eu/pub/27771
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.
| Item Type: | Article |
|---|---|
| Language: | English |
| Date: | September 2013 |
| Refereed: | Yes |
| JEL Classification: | D43 - Oligopoly and Other Forms of Market Imperfection D82 - Asymmetric and Private Information G24 - Investment Banking; Venture Capital; Brokerage; Ratings and Ratings Agencies L13 - Oligopoly and Other Imperfect Markets |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Site: | UT1 |
| Date Deposited: | 09 Jul 2014 17:40 |
| Last Modified: | 02 Apr 2021 15:48 |
| OAI Identifier: | oai:tse-fr.eu:27771 |
| URI: | https://publications.ut-capitole.fr/id/eprint/15780 |
Available Versions of this Item
-
Credit Rating Industry: a Helicopter Tour of Stylized Facts and Recent Theories. (deposited 09 Jul 2014 17:32)
- Credit Rating Industry: a Helicopter Tour of Stylized Facts and Recent Theories. (deposited 09 Jul 2014 17:40) [Currently Displayed]
