MARC details
| 000 -LEADER |
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| fixed length control field |
02927cam a2200481Ia 4500 |
| 001 - CONTROL NUMBER |
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| control field |
ocn830472885 |
| 003 - CONTROL NUMBER IDENTIFIER |
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| control field |
OCoLC |
| 005 - DATE AND TIME OF LATEST TRANSACTION |
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| control field |
20240829110331.0 |
| 006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS |
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| fixed length control field |
m d |
| 007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION |
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| fixed length control field |
cr cnu---unuuu |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
|---|
| fixed length control field |
130319s2013 dcua ob i000 0 eng d |
| 040 ## - CATALOGING SOURCE |
|---|
| Original cataloging agency |
DJB |
| Transcribing agency |
DJB |
| Modifying agency |
OCLCA |
| -- |
N$T |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
|---|
| International Standard Book Number |
9781475546132 (electronic bk.) |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
|---|
| International Standard Book Number |
1475546130 (electronic bk.) |
| 035 ## - SYSTEM CONTROL NUMBER |
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| System control number |
(OCoLC)830472885 |
| 035 ## - SYSTEM CONTROL NUMBER |
|---|
| System control number |
561220 |
| -- |
(N$T) |
| 050 #4 - LIBRARY OF CONGRESS CALL NUMBER |
|---|
| Classification number |
HG3881.5.I58 |
| Item number |
W67 No. 13/64eb |
| 072 #7 - SUBJECT CATEGORY CODE |
|---|
| Subject category code |
BUS |
| Subject category code subdivision |
027000 |
| Source |
bisacsh |
| 082 04 - DEWEY DECIMAL CLASSIFICATION NUMBER |
|---|
| Classification number |
332.7 |
| Edition number |
23 |
| 049 ## - LOCAL HOLDINGS (OCLC) |
|---|
| Holding library |
N$TA |
| 100 1# - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Kiff, John. |
| 9 (RLIN) |
679145 |
| 245 10 - TITLE STATEMENT |
|---|
| Title |
Rating through-the-cycle : |
| Medium |
[electronic resource] : |
| Remainder of title |
what does the concept imply for rating stability and accuracy? / |
| Statement of responsibility, etc. |
John Kiff, Michael Kisser and Liliana Schumacher. |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
|---|
| Place of publication, distribution, etc. |
[Washington, D.C.] : |
| Name of publisher, distributor, etc. |
International Monetary Fund, |
| Date of publication, distribution, etc. |
c2013. |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
1 online resource (29 p.) : |
| Other physical details |
col. ill. |
| 490 1# - SERIES STATEMENT |
|---|
| Series statement |
IMF working paper ; |
| Volume/sequential designation |
WP/13/64 |
| 500 ## - GENERAL NOTE |
|---|
| General note |
Title from PDF title page (IMF Web site, viewed Mar. 19, 2013). |
| 500 ## - GENERAL NOTE |
|---|
| General note |
"Monetary and Capital Markets"--p. 2 of pdf. |
| 500 ## - GENERAL NOTE |
|---|
| General note |
"March 2013"--p. 2 of pdf. |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc. |
"Credit rating agencies face a difficult trade-off between delivering both accurate and stable ratings. In particular, its users have consistently expressed a preference for rating stability, driven by the transactions costs induced by trading when ratings change frequently. Rating agencies generally assign ratings on a through-the-cycle basis whereas banks' internal valuations are often based on a point-in-time performance, that is they are related to the current value of the rated entity's or instrument's underlying assets. This paper compares the two approaches and assesses their impact on rating stability and accuracy. We find that while through-the-cycle ratings are initially more stable, they are prone to rating cliff effects and also suffer from inferior performance in predicting future defaults. This is because they are typically smooth and delay rating changes. Using a through-the-crisis methodology that uses a more stringent stress test goes halfway toward mitigating cliff effects, but is still prone to discretionary rating change delays"--Abstract. |
| 504 ## - BIBLIOGRAPHY, ETC. NOTE |
|---|
| Bibliography, etc |
Includes bibliographical references (p. 24-25). |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Credit ratings |
| General subdivision |
Evaluation. |
| 9 (RLIN) |
679146 |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Credit bureaus. |
| 9 (RLIN) |
179985 |
| 650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
BUSINESS & ECONOMICS / Finance |
| Source of heading or term |
bisacsh |
| 9 (RLIN) |
195626 |
| 655 #4 - INDEX TERM--GENRE/FORM |
|---|
| Genre/form data or focus term |
Electronic books. |
| 9 (RLIN) |
396 |
| 700 1# - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Kisser, Michael. |
| 9 (RLIN) |
642124 |
| 700 1# - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Schumacher, Liliana. |
| 9 (RLIN) |
679147 |
| 710 2# - ADDED ENTRY--CORPORATE NAME |
|---|
| Corporate name or jurisdiction name as entry element |
International Monetary Fund. |
| Subordinate unit |
Monetary and Capital Markets Department. |
| 9 (RLIN) |
642125 |
| 830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE |
|---|
| Uniform title |
IMF working paper ; |
| Volume number/sequential designation |
WP/13/64. |
| 856 40 - ELECTRONIC LOCATION AND ACCESS |
|---|
| Materials specified |
EBSCOhost |
| Uniform Resource Identifier |
<a href="https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=561220">https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=561220</a> |
| 938 ## - |
|---|
| -- |
EBSCOhost |
| -- |
EBSC |
| -- |
561220 |
| 910 ## - USER-OPTION DATA (OCLC) |
|---|
| User-option data |
cpp3089 |
| 994 ## - |
|---|
| -- |
02 |
| -- |
N$T |