Bond ratings are usually first assigned by rating agencies to public debt at the time of
issuance and are periodically reviewed by the rating companies. If deemed warranted …

In this paper we take the task of motivating and exhibiting the potential of conditioning on
economywide state variables in improving the forecasting of the Credit Rating Transition …

Bond ratings are usually first assigned by rating agencies to public debt at the time of
issuance and are periodically reviewed by the rating companies. If deemed warranted …

My dissertation, consisting of three related essays, aims to understand the role of
macroeconomic risks in the stock and bond markets. In the first chapter, I build a financial …

Why do politicians change the legislation governing the central bank to give this institution
operational independence in the setting of monetary policy. This thesis examines the …

利率环境的市场化是企业债券品种设计创新的重要基础条件之一. 本文的实证分析表明,
我国企业债券利率环境市场化程度正日益加深, 企业债券市场利率的变动开始更大程度地受到 …

信用风险和价格风险是企业债券品种设计所需规避的基本风险. 实证研究表明,
信用风险是存在的, 且具有一定周期性; 它与融资成本, 企业债券收益率是相关的; …

Après plusieurs années de diminution des risques et des marges de crédit, le coup de
semonce de la crise des marchés du sud-est asiatique-en 1997-remet le risque de crédit au …

Sabit getirili borçlanma araçları, artan bir şekilde hem bankacılık kesiminin fon ihtiyacını
karşılamada kullanılmakta hem de kurumsal finansmanda banka kredilerine belirgin bir …

Bond ratings are usually first assigned by rating agencies to public debt at the time of
issuance and are periodically reviewed by the rating companies. If deemed warranted …