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Whither the credit ratings industry
16 references·0 citing·44 second hop
Whither the credit ratings industry (2011)Whither the credit ratings industryWhat “Hides” Behind Sovereign Debt Ratings? (2015)What “Hides” Behind Sovereign…Statistical Default Models and Incentives (2010)Statistical Default Models an…Regulating the Shadow Banking System (2010)Regulating the Shadow Banking…Tiebreaker: Certification and Multiple Credit Ratings (2009)Tiebreaker: Certification and…This Time Is Different (2009)This Time Is DifferentThe Credit Ratings Game (2009)The Credit Ratings GameRating the raters: Are reputation concerns powerful enough to discipline rating agencies? (2009)Rating the raters: Are reputa…Analyzing the Tradeoff Between Ratings Accuracy and Stability (2007)Analyzing the Tradeoff Betwee…Beauty Contests and Iterated Expectations in Asset Markets (2006)Beauty Contests and Iterated …Credit Ratings as Coordination Mechanisms (2005)Credit Ratings as Coordinatio…Are Unsolicited Credit Ratings Lower? International Evidence From Bank Ratings (2005)Are Unsolicited Credit Rating…The Siskel and Ebert of Financial Markets?: Two Thumbs Down for the Credit Rating Agencies (1999)The Siskel and Ebert of Finan…The Procyclical Role of Rating Agencies: Evidence from the East Asian Crisis (1999)The Procyclical Role of Ratin…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Market for "Lemons": Qual…Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises, 1870–2008 (2012)The European Sovereign Debt Crisis (2012)Populism and the economics of globalization (2018)Systemic Banking Crises Database II (2020)A Monetary History of the United States 1867-1960 (1964)Market Liquidity and Funding Liquidity (2008)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)A Model of Shadow Banking (2013)Macro-prudential policies to mitigate financial system vulnerabilities (2013)The Growth of Finance (2013)Predation, reputation, and entry deterrence (1982)Sequential Equilibria (1982)Reputation Acquisition in Debt Markets (1989)Did Subjectivity Play a Role in CDO Credit Ratings? (2011)Rating Agencies in the Face of Regulation (2011)The failure of models that predict failure: Distance, incentives, and defaults (2014)The Effect of Bond Rating Agency Announcements on Bond and Stock Prices (1992)Determinants and Impact of Sovereign Credit Ratings (1996)Emerging Market Instability: Do Sovereign Ratings Affect Country Risk and Stock Returns? (2002)The price of democracy: sovereign risk ratings, bond spreads and political business cycles in developing countries (2004)Global Factors and Emerging Market Spreads* (2008)The General Theory of Employment, Interest and Money, by John Maynard Keynes (1936)The General Theory of Employment, Interest and Money. (1936)Expectations and the neutrality of money (1972)Towards a Macroprudential Framework for Financial Supervision and Regulation? (2005)Investor Flows and the 2008 Boom/Bust in Oil Prices (2013)The Role of Speculation in Oil Markets: What Have We Learned So Far? (2013)Speculative Investor Behavior in a Stock Market with Heterogeneous Expectations (1978)Limited attention, information disclosure, and financial reporting (2003)Overconfidence and Speculative Bubbles (2003)Markets: The Credit Rating Agencies (2010)Quality Disclosure and Certification: Theory and Practice (2010)How did increased competition affect credit ratings? (2011)Moral Hazard in Teams (1982)Financial Intermediation and Delegated Monitoring (1984)Business conditions and expected returns on stocks and bonds (1989)The Real Effects of Debt Certification: Evidence from the Introduction of Bank Loan Ratings (2007)Tiebreaker: Certification and Multiple Credit Ratings (2012)Noise Trader Risk in Financial Markets (1990)Efficient Capital Markets: II (1991)Investor Psychology and Security Market Under‐ and Overreactions (1998)The Evolution of Cooperation (1981)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation (1991)
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References

  • 1970The Market for "Lemons": Quality Uncertainty and the Market Mechanism22,977 cited
  • 1980On the Impossibility of Informationally Efficient Markets5,122 cited
  • 1980On the Impossibility of Informationally Efficient Markets3,640 cited
  • 2009This Time Is Different3,448 cited
  • 2009The Credit Ratings Game966 cited
  • 2006Beauty Contests and Iterated Expectations in Asset Markets573 cited
  • 2010Regulating the Shadow Banking System570 cited
  • 2009Rating the raters: Are reputation concerns powerful enough to discipline rating agencies?560 cited
  • 2005Credit Ratings as Coordination Mechanisms483 cited
  • 1999The Procyclical Role of Rating Agencies: Evidence from the East Asian Crisis479 cited
  • 1999The Siskel and Ebert of Financial Markets?: Two Thumbs Down for the Credit Rating Agencies203 cited
  • 2015What “Hides” Behind Sovereign Debt Ratings?138 cited
  • 2009Tiebreaker: Certification and Multiple Credit Ratings120 cited
  • 2005Are Unsolicited Credit Ratings Lower? International Evidence From Bank Ratings116 cited
  • 2007Analyzing the Tradeoff Between Ratings Accuracy and Stability104 cited

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2010
Statistical Default Models and Incentives
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