Are the credit ratings assigned by bankers based on the willingness of LDC borrowers to repay?

Econometric Models and Economic Forecasts

1990 • 5,189 citations

Debt with Potential Repudiation: Theoretical and Empirical Analysis

1981 • 2,523 citations

The pure theory of country risk

1986 • 507 citations

LDC Foreign Borrowing and Default Risk: An Empirical Investigation, 1976-80

1984 • 491 citations

Determinants of Secondary Market Prices for Developing Country Syndicated Loans

1990 • 130 citations

The determinants of international creditworthiness and their policy implications

1985 • 102 citations

Risk Assessments and Risk Premiums in the Eurodollar Market

1982 • 77 citations

Ability and willingness to service debt as explanation for commercial and official rescheduling cases

1991 • 49 citations

Determinants of Secondary Market Prices for Developing Country Syndicated Loans

1990 • 34 citations

Risk Assessments and Risk Premiums in the Eurodollar Market

1982 • 28 citations

Economic perspectives on foreign borrowing and debt repudiation : an analytic literature review

1986 • 7 citations