“Based on fieldwork with derivatives traders, Miyazaki's Arbitraging Japan is a brilliant
reexamination of finance that goes beyond simple sloganeering or calls for more (or less) …

An empirical study was conducted to determine the impact of different types of risk on the
performance management of credit rating agencies (CRAs). The different types of risks were …

Rating enables the information asymmetry existing in the issuer-investor relationship to be
reduced, particularly for issues with a high degree of complexity, as is the case of …

The inherent complexity of modern financial systems, and their basis in human behavior,
make it hard to establish unequivocally the “who, what, where, when, and why” of the global …

The risk management profession has come under a great deal of criticism since July 2007.
How could it not have anticipated the meltdown in financial markets? Were the tools that it …

This dissertation examines automobile title lending practices to interrogate debt as an
embodied experience. Alternative financial services such as title lending provide a way to …

This paper develops a coordinate rating for Credit Rating Agencies (CRAs) in the rating
market. We first show that there is a necessary condition for the restructured sub-portfolios to …

Synthetic collateralized debt obligations (CDOs) performed very badly during the subprime
crisis: they suffered massive rating downgrades (even at the most senior levels of the capital …

[ES] Hasta 2007, año en el que estalló la crisis subprime, la titulización de activos se
extendió en los mercados internacionales durante más de dos décadas, convirtiéndose en …

考虑在债券发行方可能发生信用等级迁移的情况下的公司零息债券定价问题.
假设公司资产价值变化满足几何Brownian 运动, 而债券的信用等级只与公司的资产有关 …