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isPartOf:"Universität frankfurt am Main- Abteilung finanzen - Working Paper Series"
(17 results)
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Avoiding the rating bounce
Löffler, Gunter
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2002
Rating agencies state that they take a rating action only when it is unlikely to bereversed shortly afterwards. Based on a formal representation of the rating process, Ishow that such a policy provides a good explanation for the empirical evidence: Ratingchanges occur relatively seldom, exhibit...
Persistent link: https://www.econbiz.de/10005844552
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