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[PDF] Top 20 Credit ratings and government bonds: evidence before, during and after the european debt crisis

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Credit ratings and government bonds: evidence before, during and after the european debt crisis

Credit ratings and government bonds: evidence before, during and after the european debt crisis

... fact, the perception of sovereign risk of default published by Standard & Poor’s, Moody’s, and Fitch has a major role in the markets since it might ease the placement of sovereign ... See full document

56

Flight-to-quality and contagion in the european sovereign debt crisis: the cases of Portugal and Greece

Flight-to-quality and contagion in the european sovereign debt crisis: the cases of Portugal and Greece

... to the relationship between the German and Portuguese government bond ...markets. The aim is to test whether there was evidence of fight-to-quality from Portugal to ...to ... See full document

35

On the relationship between soveregn bonds and credit default swaps in Portugal

On the relationship between soveregn bonds and credit default swaps in Portugal

... discovery during 2010 while both markets contribute to price discovery during the pre-Lehman ...On the other hand, Delis and Mylonidis (2011) analyzed specifically the causality ... See full document

19

The determinants of sovereign bond yield spreads in the EMU

The determinants of sovereign bond yield spreads in the EMU

... that the determinants of government bond spreads in the euro area have changed significantly over ...since the onset of the global financial crisis in summer 2007, but also ... See full document

40

Publicaciones on line comunicaciones presentadas 61b AECA2015 Teixeira&Monte

Publicaciones on line comunicaciones presentadas 61b AECA2015 Teixeira&Monte

... to the sovereign debt crisis in the Member States of the European Union, triggered by any of the ECB control failure, and its consequent impact on lending to ... See full document

28

A N ANALYSIS OF

A N ANALYSIS OF

... drivers: the type of announcement, the source country and the rating agency issuing the ...studies the impact both before and after rating announcements in ... See full document

51

Sovereign credit ratings, market volatility, and financial gains

Sovereign credit ratings, market volatility, and financial gains

... Billio and Caporin (2010) model the contemporaneous relationships among Asian and American stock markets using a simultaneous equation system with GARCH errors that captures variance ...Using ... See full document

53

Effect of European Sovereign Debt Crisis on Banks’ Stock Market Performances

Effect of European Sovereign Debt Crisis on Banks’ Stock Market Performances

... studies the impact of the European sovereign debt crisis on Portuguese banks’ share ...assess the behavior of banks’ share prices before, and after a ... See full document

36

Public debt management before, during and after the crisis

Public debt management before, during and after the crisis

... of the ways of adjusting to changed market conditions was enhanced lexibi- lity and innovativeness in the policy and techniques for managing public debt, as is shown by the ... See full document

28

Sovereign credit ratings, market volatility, and financial gains

Sovereign credit ratings, market volatility, and financial gains

... Billio and Caporin (2010) model the contemporaneous relationships among Asian and American stock markets using a simultaneous equation system with GARCH errors that captures variance ...Using ... See full document

53

Ownership structure and firm performance: evidence from German companies during and after the financial crisis of 2008-2011

Ownership structure and firm performance: evidence from German companies during and after the financial crisis of 2008-2011

... financial crisis had its starting point in the US and the subprime ...2000 the Federal Reserve began reducing the funds rate and the US Government encouraged ... See full document

59

Bonds with credit risk and call provisions

Bonds with credit risk and call provisions

... choose the linear Kalman filter described in Appendix F to estimate the model, something first proposed by Chen and Scott [3] and that is also used by Duffee [11], Jarrow et ...[20] and ... See full document

97

Firms, Informality and Development: Theory and evidence from Brazil

Firms, Informality and Development: Theory and evidence from Brazil

... comments and helpful ...Wolton and Dimitri Szerman for their detailed and extremely helpful comments and ...at the Winter Meeting of the Econometric Society, Yale, Johns Hopkins, ... See full document

45

Notions of border in regionalism theory and praxis

Notions of border in regionalism theory and praxis

... On the other hand, the foundation of the Latin American Free Trade Association (Lafta), nine years after ECSC, demonstrated it to be grounded on different ...enjoy the benefits of an ... See full document

17

Structure of X5CrNi18-10 and S355NL Steels after Remelting with the Electric Arc

Structure of X5CrNi18-10 and S355NL Steels after Remelting with the Electric Arc

... changes during crystallization and further cooling to the room temperature influenced the hardness of the surface ...layer. The measurements of the microhardness were done ... See full document

4

Inflation targeting in advanced vs. emerging economies before and after the crisis

Inflation targeting in advanced vs. emerging economies before and after the crisis

... Jazbec, and Igor Maston (2004), while Kosta Josifidis, Jean-Pierre Allegret, and Emilija Beker Pucar (2009) confirm dominance of ERPT over interest rate pass-through in monetary transmis- sion mechanism of ... See full document

28

WP 090 Local Labor Market Conditions and Crime: Evidence from the Brazilian Trade Liberalization

WP 090 Local Labor Market Conditions and Crime: Evidence from the Brazilian Trade Liberalization

... 9 and 10 show that the reduced-form and IV results remain statistically sig- nificant, typically with point estimates of similar magnitude, irrespectively of the set of controls ...In ... See full document

60

Carlos Carvalho Niels Arne Dam Jae Won Lee

Carlos Carvalho Niels Arne Dam Jae Won Lee

... about the Taylor pricing model is in ...rigidities, and to infer the cross- sectional distribution of price stickiness implied by aggregate ...with the microeconomic evidence on ... See full document

57

Altruists Attract

Altruists Attract

... of the signaling hypothesis, the primary function of courtship gifts may be to convey information rather than provision ...always the case (Sozou and Seymour, 2005) and human courtship ... See full document

17

Evolution of the Banking System before and after the Integration in the European Union

Evolution of the Banking System before and after the Integration in the European Union

... of the reduction by 3.4 p.p. of its market share. The highest profit, a ratio costs/incomes of 39%, an almost unitary ratio between deposits and credits (88%), the most extended territory ... See full document

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