Credit Rating Industry: a Helicopter Tour of Stylized Facts and Recent Theories
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.
|Date of creation:||07 Feb 2013|
|Date of revision:|
|Publication status:||Published in International Journal of Industrial Organization, vol.�31, n°5, septembre 2013, p.�643-651.|
|Contact details of provider:|| Phone: (+33) 5 61 12 86 23|
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