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Does sovereign creditworthiness affect bank valuations in emerging markets?
16 references·1 citing·50 second hop
Does sovereign creditworthiness affect bank valuations in emerging markets? (2015)Does sovereign creditworthiness affect ba…Capital flows to emerging market economies: A brave new world? (2014)Capital flows to emerging mar…A Pyrrhic Victory? Bank Bailouts and Sovereign Credit Risk (2014)A Pyrrhic Victory? Bank Bailo…Bank/sovereign risk spillovers in the European debt crisis (2013)Bank/sovereign risk spillover…Sovereign credit ratings and financial markets linkages: Application to European data (2012)Sovereign credit ratings and …Credit spread interdependencies of European states and banks during the financial crisis (2012)Credit spread interdependenci…Bank competition and stability: Cross-country heterogeneity (2012)Bank competition and stabilit…A Pyrrhic Victory? - Bank Bailouts and Sovereign Credit Risk (2011)A Pyrrhic Victory? - Bank Bai…The reaction of emerging market credit default swap spreads to sovereign credit rating changes (2010)The reaction of emerging mark…Does sovereign debt ratings news spill over to international stock markets? (2007)Does sovereign debt ratings n…News spillovers in the sovereign debt market (2005)News spillovers in the sovere…Bank concentration, competition, and crises: First results (2005)Bank concentration, competiti…The national market impact of sovereign rating changes (2003)The national market impact of…Emerging Market Instability: Do Sovereign Ratings Affect Country Risk and Stock Returns? (2002)Emerging Market Instability: …Event-study methodology under conditions of event-induced variance (1991)Event-study methodology under…Debt Maturity Structure and Liquidity Risk (1991)Debt Maturity Structure and L…The effect of bond rating changes on common stock prices (1986)The effect of bond rating cha…The impact of sovereign rating changes on the activity of European banks (2017)The impact of sovereign ratin…Measuring security price performance (1980)Using daily stock returns (1985)The Event Study Methodology Since 1969 (1998)The Adjustment of Stock Prices to New Information (2003)Event Study Testing with Cross-sectional Correlation of Abnormal Returns (2010)Testing Asymmetric-Information Asset Pricing Models (2012)CAPITAL FLOWS AND CAPITAL-MARKET CRISES: The Simple Economics of Sudden Stops (1998)Capital flow waves: Surges, stops, flight, and retrenchment (2012)Dilemma not Trilemma: The Global Financial Cycle and Monetary Policy Independence (2015)How effective are macroprudential policies? An empirical investigation (2017)Measuring Geopolitical Risk (2018)WHAT DRIVES CAPITAL FLOWS TO EMERGING MARKETS? A SURVEY OF THE EMPIRICAL LITERATURE (2018)Estimating betas from nonsynchronous data (1977)Anomalies in relationships between securities' yields and yield-surrogates (1978)Timeliness of Reporting and the Stock Price Reaction to Earnings Announcements (1984)Informational efficiency of credit default swap and stock markets: The impact of credit rating announcements (2004)The Economics of Structured Finance (2009)How did increased competition affect credit ratings? (2011)Determinants of corporate borrowing (1977)Credit Rationing in Markets with Imperfect Information (1981)Liquidation Values and Debt Capacity: A Market Equilibrium Approach (1992)Firms, Contracts, and Financial Structure (1995)A Survey of Corporate Governance (1997)Financial Intermediation and Delegated Monitoring (1984)Legal Determinants of External Finance (1997)The Twin Crises: The Causes of Banking and Balance-of-Payments Problems (1999)Bank Competition and Financial Stability (2008)Determinants of Bank Profitability Before and During the Crisis: Evidence from Switzerland (2010)How does capital affect bank performance during financial crises? (2013)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)This Time Is Different (2009)The EMU sovereign-debt crisis: Fundamentals, expectations and contagion (2012)Safer ratios, riskier portfolios: Banks׳ response to government aid (2014)The Pass-Through of Sovereign Risk (2016)Law and Finance (1998)No Contagion, Only Interdependence: Measuring Stock Market Comovements (2002)The Real Effects of Credit Ratings: The Sovereign Ceiling Channel (2016)Capital Structure Decisions: Which Factors Are Reliably Important? (2007)Bank governance, regulation and risk taking (2008)Big Bad Banks? The Winners and Losers from Bank Deregulation in the United States (2010)How does competition affect bank systemic risk? (2013)Financial innovation: The bright and the dark sides (2016)Is financial inclusion good for bank stability? International evidence (2017)Formulation and estimation of dynamic models using panel data (1982)Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors (1993)International Momentum Strategies (1998)Political Rights and the Cost of Debt (2008)This Time Is Different (2009)Sovereign Default, Domestic Banks, and Financial Institutions (2013)Local Crowding Out in China (2019)
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References

  • 1991Debt Maturity Structure and Liquidity Risk1,815 cited
  • 1991Event-study methodology under conditions of event-induced variance1,777 cited
  • 2005Bank concentration, competition, and crises: First results1,414 cited
  • 2012Bank competition and stability: Cross-country heterogeneity1,026 cited
  • 2014A Pyrrhic Victory? Bank Bailouts and Sovereign Credit Risk812 cited
  • 1986The effect of bond rating changes on common stock prices734 cited
  • 2014Capital flows to emerging market economies: A brave new world?625 cited
  • 2011A Pyrrhic Victory? - Bank Bailouts and Sovereign Credit Risk488 cited
  • 2002Emerging Market Instability: Do Sovereign Ratings Affect Country Risk and Stock Returns?399 cited
  • 2005News spillovers in the sovereign debt market378 cited
  • 2012Sovereign credit ratings and financial markets linkages: Application to European data375 cited
  • 2003The national market impact of sovereign rating changes303 cited
  • 2012Credit spread interdependencies of European states and banks during the financial crisis302 cited
  • 2010The reaction of emerging market credit default swap spreads to sovereign credit rating changes293 cited
  • 2013Bank/sovereign risk spillovers in the European debt crisis

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289 cited
  • 2007Does sovereign debt ratings news spill over to international stock markets?224 cited
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    • 2017The impact of sovereign rating changes on the activity of European banks25 cited