Jan Klobucnik:Do Rating Announcements convey new Information?: An Event Study on Credit Default Swap Spreads
- Taschenbuch 2001, ISBN: 9783640662449
[ED: Taschenbuch], [PU: GRIN Verlag], Gebraucht - Sehr gut Als Mängelexemplar gekennzeichnete Retoure aus dem Handel mit kleinen bis mittleren Transportspuren.Der Versand erfolgt mit orde… Mehr…
[ED: Taschenbuch], [PU: GRIN Verlag], Gebraucht - Sehr gut Als Mängelexemplar gekennzeichnete Retoure aus dem Handel mit kleinen bis mittleren Transportspuren.Der Versand erfolgt mit ordentlicher Rechnung. - Diploma Thesis from the year 2010 in the subject Economics - Statistics and Methods, grade: 1,3, University of Tubingen, language: English, abstract: Rating agencies play an important role on the capital markets; however, during the financial crisis 2007-2009 people began to question how good their assessments of credit quality really are. In my study, I empirically examine the effect of rating announcements from Standard & Poor's on the Credit Default Swap (CDS) Market. It contributes to the field of rating agencies' performance measurement. Based on Event Study Methodology and recent CDS data, I detect virtually no significant abnormal spreadchange at the announcement date neither for downgrades nor upgrades. However, the CDS show some anticipation prior to the event especially for downgradings. Considering the rating date, I find evidence for an asymmetric reaction where downgrades cause stronger movement in the spreads. As a result, it seems as if rating changes do not convey a great part of new information to the markets. At the same time, the significant anticipation indicates that the CDS market processes information more efficiently., DE, [SC: 0.00], leichte Gebrauchsspuren, gewerbliches Angebot, 211x149x7 mm, 60, [GW: 102g], Banküberweisung, PayPal, De internationale scheepvaart<
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Jan Klobucnik:Do Rating Announcements convey new Information? : An Event Study on Credit Default Swap Spreads
- Taschenbuch 2010, ISBN: 364066244X
[EAN: 9783640662449], Nieuw boek, [SC: 13.79], [PU: GRIN Verlag], CDS; EVENTSTUDY; ENCY; CREDITDEFAULTSWAP; RATING; CREDITRATING; KREDITBEWERTUNG; KREDITRISIKO; CREDITRISK; RATINGAGENTUR;… Mehr…
[EAN: 9783640662449], Nieuw boek, [SC: 13.79], [PU: GRIN Verlag], CDS; EVENTSTUDY; ENCY; CREDITDEFAULTSWAP; RATING; CREDITRATING; KREDITBEWERTUNG; KREDITRISIKO; CREDITRISK; RATINGAGENTUR; EVENTSTUDIE; KREDITDERIVATE, Druck auf Anfrage Neuware - Printed after ordering - Diploma Thesis from the year 2010 in the subject Economics - Statistics and Methods, grade: 1,3, University of Tubingen, language: English, abstract: Rating agencies play an important role on the capital markets; however, during the financial crisis 2007-2009 people began to question how good their assessments of credit quality really are. In my study, I empirically examine the effect of rating announcements from Standard & Poor's on the Credit Default Swap (CDS) Market. It contributes to the field of rating agencies' performance measurement. Based on Event Study Methodology and recent CDS data, I detect virtually no significant abnormal spreadchange at the announcement date neither for downgrades nor upgrades. However, the CDS show some anticipation prior to the event especially for downgradings. Considering the rating date, I find evidence for an asymmetric reaction where downgrades cause stronger movement in the spreads. As a result, it seems as if rating changes do not convey a great part of new information to the markets. At the same time, the significant anticipation indicates that the CDS market processes information more efficiently. 60 pp. Englisch, Books<
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(*) Derzeit vergriffen bedeutet, dass dieser Titel momentan auf keiner der angeschlossenen Plattform verfügbar ist.
Jan Klobucnik:Do Rating Announcements convey new Information? : An Event Study on Credit Default Swap Spreads
- Taschenbuch 2010, ISBN: 364066244X
[EAN: 9783640662449], Nieuw boek, [SC: 13.87], [PU: GRIN Verlag], CDS; EVENTSTUDY; ENCY; CREDITDEFAULTSWAP; RATING; CREDITRATING; KREDITBEWERTUNG; KREDITRISIKO; CREDITRISK; RATINGAGENTUR;… Mehr…
[EAN: 9783640662449], Nieuw boek, [SC: 13.87], [PU: GRIN Verlag], CDS; EVENTSTUDY; ENCY; CREDITDEFAULTSWAP; RATING; CREDITRATING; KREDITBEWERTUNG; KREDITRISIKO; CREDITRISK; RATINGAGENTUR; EVENTSTUDIE; KREDITDERIVATE, Druck auf Anfrage Neuware - Printed after ordering - Diploma Thesis from the year 2010 in the subject Economics - Statistics and Methods, grade: 1,3, University of Tubingen, language: English, abstract: Rating agencies play an important role on the capital markets; however, during the financial crisis 2007-2009 people began to question how good their assessments of credit quality really are. In my study, I empirically examine the effect of rating announcements from Standard & Poor's on the Credit Default Swap (CDS) Market. It contributes to the field of rating agencies' performance measurement. Based on Event Study Methodology and recent CDS data, I detect virtually no significant abnormal spreadchange at the announcement date neither for downgrades nor upgrades. However, the CDS show some anticipation prior to the event especially for downgradings. Considering the rating date, I find evidence for an asymmetric reaction where downgrades cause stronger movement in the spreads. As a result, it seems as if rating changes do not convey a great part of new information to the markets. At the same time, the significant anticipation indicates that the CDS market processes information more efficiently. 60 pp. Englisch, Books<
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Jan Klobucnik:Do Rating Announcements convey new Information?
- Taschenbuch 2010, ISBN: 364066244X
[EAN: 9783640662449], Nieuw boek, [SC: 9.71], [PU: GRIN Verlag Jul 2010], CDS; EVENTSTUDY; ENCY; CREDITDEFAULTSWAP; RATING; CREDITRATING; KREDITBEWERTUNG; KREDITRISIKO; CREDITRISK; RATING… Mehr…
[EAN: 9783640662449], Nieuw boek, [SC: 9.71], [PU: GRIN Verlag Jul 2010], CDS; EVENTSTUDY; ENCY; CREDITDEFAULTSWAP; RATING; CREDITRATING; KREDITBEWERTUNG; KREDITRISIKO; CREDITRISK; RATINGAGENTUR; EVENTSTUDIE; KREDITDERIVATE, This item is printed on demand - it takes 3-4 days longer - Neuware -Diploma Thesis from the year 2010 in the subject Economics - Statistics and Methods, grade: 1,3, University of Tubingen, language: English, abstract: Rating agencies play an important role on the capital markets; however, during the financial crisis 2007-2009 people began to question how good their assessments of credit quality really are. In my study, I empirically examine the effect of rating announcements from Standard & Poor's on the Credit Default Swap (CDS) Market. It contributes to the field of rating agencies' performance measurement. Based on Event Study Methodology and recent CDS data, I detect virtually no significant abnormal spreadchange at the announcement date neither for downgrades nor upgrades. However, the CDS show some anticipation prior to the event especially for downgradings. Considering the rating date, I find evidence for an asymmetric reaction where downgrades cause stronger movement in the spreads. As a result, it seems as if rating changes do not convey a great part of new information to the markets. At the same time, the significant anticipation indicates that the CDS market processes information more efficiently. 60 pp. Englisch, Books<
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Jan Klobucnik:Do Rating Announcements convey new Information?
- Taschenbuch 2010, ISBN: 364066244X
[EAN: 9783640662449], Nieuw boek, [SC: 9.76], [PU: GRIN Verlag Jul 2010], CDS; EVENTSTUDY; ENCY; CREDITDEFAULTSWAP; RATING; CREDITRATING; KREDITBEWERTUNG; KREDITRISIKO; CREDITRISK; RATING… Mehr…
[EAN: 9783640662449], Nieuw boek, [SC: 9.76], [PU: GRIN Verlag Jul 2010], CDS; EVENTSTUDY; ENCY; CREDITDEFAULTSWAP; RATING; CREDITRATING; KREDITBEWERTUNG; KREDITRISIKO; CREDITRISK; RATINGAGENTUR; EVENTSTUDIE; KREDITDERIVATE, This item is printed on demand - it takes 3-4 days longer - Neuware -Diploma Thesis from the year 2010 in the subject Economics - Statistics and Methods, grade: 1,3, University of Tubingen, language: English, abstract: Rating agencies play an important role on the capital markets; however, during the financial crisis 2007-2009 people began to question how good their assessments of credit quality really are. In my study, I empirically examine the effect of rating announcements from Standard & Poor's on the Credit Default Swap (CDS) Market. It contributes to the field of rating agencies' performance measurement. Based on Event Study Methodology and recent CDS data, I detect virtually no significant abnormal spreadchange at the announcement date neither for downgrades nor upgrades. However, the CDS show some anticipation prior to the event especially for downgradings. Considering the rating date, I find evidence for an asymmetric reaction where downgrades cause stronger movement in the spreads. As a result, it seems as if rating changes do not convey a great part of new information to the markets. At the same time, the significant anticipation indicates that the CDS market processes information more efficiently. 60 pp. Englisch, Books<
| | AbeBooks.co.ukBuchWeltWeit Inh. Ludwig Meier e.K., Bergisch Gladbach, Germany [57449362] [Beoordeling: 5 (van 5)] NEW BOOK. Versandkosten: EUR 9.76 Details... |
(*) Derzeit vergriffen bedeutet, dass dieser Titel momentan auf keiner der angeschlossenen Plattform verfügbar ist.
