Incentive and constraint regulations of rating inflation in collusion over the separation of economic cycles - Markov rating shopping dual reputation model

Economic cycles may lead to changes in corporate bond credit ratings. This paper utilizes the Markov model to describe transition probability matrixes of economic states for the separation of economic cycles. We develop a new model, which we term the Markov rating shopping dual reputation model, inc...

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Detalles Bibliográficos
Autores principales: Zhou, Xiangyun, Tian, Yixiang, Zhang, Ping, Chen, Xiurong
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2018
Materias:
Research Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6192634/
https://www.ncbi.nlm.nih.gov/pubmed/30332467
http://dx.doi.org/10.1371/journal.pone.0205415

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6192634/
https://www.ncbi.nlm.nih.gov/pubmed/30332467
http://dx.doi.org/10.1371/journal.pone.0205415

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