Afonso, AntónioGomes, PedroRother, Philipp2022-09-292022-09-292009Afonso, António; Pedro Gomes and Philipp Rother. (2009). "Ordered response models for sovereign debt ratings" . Applied Economics Letters, Vol.16, No.8: pp. 769-773.1350-4851http://hdl.handle.net/10400.5/25627Using ordered logit and probit plus random effects ordered probit approaches, we study the determinants of sovereign debt ratings. We found that the last procedure is the best for panel data as it takes into account the additional cross-section error.engOrdered ProbitOrdered LogitRandom Effects Ordered LogitSovereign Ratingjournal article