Relating sovereign debt ratings to different practices of exchange rate policy: an empirical analysis
Pinto, Danielson Vicente Fortes Ramos
Sovereign debt rating | de facto exchange rate regime | Crisis period | Rating scales | Ratings de dívida soberana | Regimes cambiais | Período de crise | Escalas de rating
JEL classification: E42, G15
In this thesis it is developed a research project whose objective is to identify links between the exchange rate policy of a country - fixed, intermediate and floating - and its long-term sovereign external debt, measured by sovereign rat...