the Swedish credit bureau. We test the banks’ abilility to forecast the credit bureau’s ratings and vice versa. We show …In this paper we use credit rating data from two Swedish banks to elicit evidence on these banks’ loan monitoring … ability. We do so by comparing the ability of bank ratings to predict loan defaults relative to that of public ratings from …

banks in the early 2000s propelled the financial system and the economy into crisis. While these findings should not be … governing interactions between regulators and banks. Enhanced transparency of regulatory decisions as well as strenghtened …

When the Covid-19 crisis struck, banks using internal-rating based (IRB) models quickly recognized the increase in risk … and reduced lending more than banks using a standardized approach. This effect is not driven by borrowers' quality or by … banks in countries with credit booms before the pandemic. The higher risk sensitivity of IRB models does not always result …

When the Covid-19 crisis struck, banks using internal-rating based (IRB) models quickly recognized the increase in risk … and reduced lending more than banks using a standardized approach. This effect is not driven by borrowers' quality or by … banks in countries with credit booms before the pandemic. The higher risk sensitivity of IRB models does not always result …

We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our … assigned lower ratings, ceteris paribus, than 'old' ones. We find that country-specific factors (in the form of heterogeneous … intercepts) are a crucial determinant of ratings. Whilst 'new' EU countries typically have lower ratings than 'old' ones, after …

We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our … lower ratings, ceteris paribus, than old ones. We find that country-specific factors (in the form of heterogeneous … intercepts) are a crucial determinant of ratings. Whilst new EU countries typically have lower ratings than old ones, after …

We model EU countries? bank ratings using financial variables and allowing for intercept and slope heterogeneity. We … find that country-specific factors (in the form of heterogeneous intercepts) are a crucial determinant of ratings. Whilst … ?new? EU countries typically have lower ratings than ?old? EU countries, after ontrolling for financial variables, all …

The paper presents an econometric study of the two bank ratings assigned by Moody's Investors Service. According to … Moody’s methodology, foreign-currency long-term deposit ratings are assigned on the basis of Bank Finan-cial Strength … Ratings (BFSR), taking into account “external bank support factors” (joint-default analysis, JDA). Models for the (unobserved …

We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our … assigned lower ratings, ceteris paribus, than "old" ones. We find that country-specific factors (in the form of heterogeneous … intercepts) are a crucial determinant of ratings. Whilst "new" EU countries typically have lower ratings than "old" ones, after …