THE CREDIT‐RATING AGENCIES AND THE SUBPRIME DEBACLE

By Lawrence J. White. 2009

126 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/cdb27cc04ead40af5ef96524db88451728a8e520

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Joseph L. Staats
2. Matthew Richardson
3. G. Biglaiser
4. V. Acharya
5. Tanju Yorulmazer
6. Markus K. Brunnermeier
7. C. Borio
8. Allen N. Berger

In Finance

1. V. Acharya
2. Matthew Richardson
3. Joseph L. Staats
4. G. Biglaiser
5. Tanju Yorulmazer
6. C. Borio
7. Lawrence J. White
8. Luc Laeven

Citations in the corpus

• Finding the “Democratic Advantage” in Sovereign Bond Ratings: The Importance of Strong Courts, Property Rights Protection, and the Rule of Law (2012, background): “…More recently, CRAs have received negative press following the U+S+ subprime crisis and their role in issuing bond ratings on mortgage-backed securities ~White 2009!+ For the context of this article, we focus on the role of CRAs in rating sovereign issues+ 16+ Bhatia 2002, 6+ 17+ Ibid+ 18+ Ibid+…”
• CAUSES OF THE FINANCIAL CRISIS (2009, background): “Since the AAA ratings indicated to investors that these tranches of “asset‐backed” investments—collateralized debt obligations (CDOs) and collateralized loan obligations (CLOs)—were as safe as the safest corporate bonds, the role of the rating agencies in this process was important (White 2009 ).”