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Rating the raters: Are reputation concerns powerful enough to discipline rating agencies?

Article ID Journal Published Year Pages File Type
967101 Journal of Monetary Economics 2009 18 Pages PDF
Abstract
We analyze the policy implications of our findings and advocate for a new business model of CRAs that we call the platform-pays model.
Keywords
G24D82C73L15Credit rating agenciesRepeated gamesconflicts of interestReputation
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Rating the raters: Are reputation concerns powerful enough to discipline rating agencies?
Authors
Jérôme Mathis, James McAndrews, Jean-Charles Rochet,
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Journal
Journal of Monetary Economics
Journal: Journal of Monetary Economics
Related Categories
G24
D82
C73
L15
Credit rating agencies
Repeated games
conflicts of interest
Reputation
Economics and Econometrics
Economics, Econometrics and Finance (General)
Finance
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