Cantor et al., 2006 - Google Patents
Analyzing the tradeoff between ratings accuracy and stabilityCantor et al., 2006
View PDF- Document ID
- 9003184315086705755
- Author
- Cantor R
- Mann C
- Publication year
- Publication venue
- Journal of Fixed Income, September
External Links
Snippet
Many market participants, including investors, issuers, and regulators, have a strong preference for corporate bond ratings that are not only accurate but also stable. They want ratings to reflect enduring changes in credit risk, because rating changes can have real …
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