IFN in the news

Credit ratings and structured finance

2019-04-09 Vox/CEPR

In a column published at Vox.org/Cepr's policy portal, Jens Josephson, Stockholm University and affiliated to IFN, and Joel Shapiro, Oxford University, discusses the role of credit rating agencies. They analyse the incidence of rating inflation when such an agency both designs and rates securities.

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