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Provincial Credit Rating in Canada: An Ordered Probit Analysis

  • Cheung, S.
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    The author estimates the relationship between the provincial credit ratimgs, as assessed by Standard & Poor' and a number of economic variables, using the ordered probit methodology.

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    File URL: http://www.bankofcanada.ca/wp-content/uploads/2010/05/wp96-6.pdf
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    Paper provided by Bank of Canada in its series Working Papers with number 96-6.

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    Length: 38 pages
    Date of creation: 1996
    Date of revision:
    Handle: RePEc:bca:bocawp:96-6
    Contact details of provider: Postal: 234 Wellington Street, Ottawa, Ontario, K1A 0G9, Canada
    Phone: 613 782-8845
    Fax: 613 782-8874
    Web page: http://www.bank-banque-canada.ca/

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    1. Hausman, Jerry A. & Lo, Andrew W. & MacKinlay, Archie Craig, 1955-, 1990. "An ordered probit analysis of transaction stock prices," Working papers 3234-90., Massachusetts Institute of Technology (MIT), Sloan School of Management.
    2. Becker, William E. & Kennedy, Peter E., 1992. "A Graphical Exposition of the Ordered Probit," Econometric Theory, Cambridge University Press, vol. 8(01), pages 127-131, March.
    3. repec:cup:etheor:v:8:y:1992:i:1:p:127-31 is not listed on IDEAS
    4. Bayoumi, Tamim & Goldstein, Morris & Woglom, Geoffrey, 1995. "Do Credit Markets Discipline Sovereign Borrowers? Evidence from US States," CEPR Discussion Papers 1088, C.E.P.R. Discussion Papers.
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