The role of sovereign credit ratings in fiscal discipline

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Duygun, Meryem; Ozturk, Huseyin; Shaban, Mohamed;
(2016)

This paper investigates several aspects of the relationship between sovereign credit ratings and fiscal discipline. The analysis of over one thousand country-year observations for 93 countries during the 1999-2010 period reveals that a country's debt level is likely to ... View more
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