---
title: Ratings, Debt, and Deficits: An Exploration
url: https://www.ml-quant.com/papers/repec/imf-imfwpa-2026-195/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-30
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:imf:imfwpa:2026/195
source_url: https://econpapers.repec.org/RePEc:imf:imfwpa:2026/195
featured: 2026-10-30
citations: unknown
topic: Asset Pricing & Factors
---


# Ratings, Debt, and Deficits: An Exploration

Sovereign credit ratings overweight debt relative to primary balances, understate the role of growth, and exhibit large unexplained country-specific effects.

- Source: https://econpapers.repec.org/RePEc:imf:imfwpa:2026/195
- Identifier: RePEc:imf:imfwpa:2026/195
- Released: 2026-10-23
- First featured: Quant Letter No. 137 (2026-10-30): https://www.ml-quant.com/issues/2026-10-30/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Asset Pricing & Factors
- Authors: Mr. Olivier J Blanchard, Mr. Daniel Leigh, Ms. Prachi Mishra

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