Browsing Working Papers by Author "Nose, Manabu"
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Impacts of sovereign rating on sub-sovereign bond ratings in emerging and developing economies
Mohapatra, Sanket; Nose, Manabu; Ratha, Dilip (World Bank, 2016-03-30)This paper explores bond-level, issuer-level, and macro-level conditions that affect the distance between sovereign credit rating and sub-sovereign debt ratings. Over three-quarters of rated foreign-currency sub-sovereign ...