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In much of the literature, rating agencies are seen as institutions providing informational services to the market. Our paper contributes to this literature by

Ratings, Rating Agencies and the Global Financial System brings together the research of economists at New York University and the University of Maryland, along

The Independence of Credit Rating Agencies focuses on the institutional and regulatory dynamics of these agencies, asking whether their business models give the

Credit rating agencies play a critical role in capital markets, guiding the asset allocation of institutional investors as private capital moves freely around t

Listen to a short interview with Rawi AbdelalHost: Chris Gondek | Producer: Heron & Crane The rise of global financial markets in the last decades of the twenti