Sökning: "Credit Rating Changes"

Hittade 2 avhandlingar innehållade orden Credit Rating Changes.

1. 1. Essays on Credit Ratings

   Författare :Anamaria Cociorva; Företagsekonomiska institutionen; []
   Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; credit ratings; financial constraints; bond index; credit rating standards; rating conservatism; time variation in credit ratings; secular trends; Credit Rating Agencies;

   Sammanfattning : This thesis consists of four self-contained articles, all of which contribute to the empirical research on credit ratings. Broadly speaking, the first two papers highlight two less ordinary “uses” of credit ratings, in the context of (1) measuring financial constraints and (2) bond market segmentation. LÄS MER

3. 2. Empirical Essays on Financial Economics

   Författare :Henrik Degrér; Nationalekonomiska institutionen; []
   Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Swap Agreements; Default Risk; Economic Conditions Index; Finansiering; Financial science; Term Structure of Interest Rates;

   Sammanfattning : In the first essay of this thesis we develop a model for calculating the net expected value of a swap agreement subject to dual-default risk. The main explanatory variable for the net expected return of a swap is the default intensity of each party measured by the credit rating of the firm. LÄS MER