create a website

Credit Ratings as Coordination Mechanism. (2002). Boot, Arnoud ; Milbourn, Todd.
In: CEPR Discussion Papers.
RePEc:cpr:ceprdp:3331.

Full description at Econpapers || Download paper

Cited: 5

Citations received by this document

Cites: 29

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. ‘Relationship Banking and SMEs: A Theoretical Analysis’. (2006). Schrooten, Mechthild ; Baas, Timo.
    In: Small Business Economics.
    RePEc:kap:sbusec:v:27:y:2006:i:2:p:127-137.

    Full description at Econpapers || Download paper

  2. Rating in Microfinance: Cross-Country Evidence. (2006). Hartarska, Valentina.
    In: 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia.
    RePEc:ags:iaae06:25506.

    Full description at Econpapers || Download paper

  3. Courage to Capital? A Model of the Effects of Rating Agencies on Sovereign Debt Roll–over. (2005). Hale, Galina.
    In: The Institute for International Integration Studies Discussion Paper Series.
    RePEc:iis:dispap:iiisdp062.

    Full description at Econpapers || Download paper

  4. Relationship banking and SMEs: a theoretical analysis. (2005). Schrooten, Mechthild ; Baas, Timo.
    In: Discussion Paper Series.
    RePEc:hit:hituec:a470.

    Full description at Econpapers || Download paper

  5. Relationship Banking and SMEs: A Theoretical Analysis. (2005). Schrooten, Mechthild ; Baas, Timo.
    In: Discussion Papers of DIW Berlin.
    RePEc:diw:diwwpp:dp469.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. 1. Allen, Franklin, 1990, The Market for Information and the Origin of Financial Intermediation , Journal of Financial Intermediation 1, 3-30.

  2. 10. Dow, James, and Nathalie Rossiensky, 1999, The Cost of Debt for a Financial Firm, working paper, Duke University.
    Paper not yet in RePEc: Add citation now
  3. 11. Ederington, Louis, and J.C. Goh, 1998, Bond Rating Agencies and Stock Analysts: Who Knows What and When?, Journal of Financial and Quantitative Analysis 33, 569-585.

  4. 12. Ederington, Louis, and Jess Yawitz, 1987, The Bond Rating Process, in Handbook of Financial Markets and Institutions (ed. Ed Altman), 6th edition, John Wiley and Sons, New York.
    Paper not yet in RePEc: Add citation now
  5. 13. Ederington, Louis, Jess Yawitz, and Brian Roberts, 1984, The Information Content of Bond Ratings, working paper no. 1323, National Bureau of Economic Research.

  6. 14. Ederington, Louis, Jess Yawitz, and Brian Roberts, 1987, The Information Content of Bond Ratings, Journal of Financial Research 10, 211-226.
    Paper not yet in RePEc: Add citation now
  7. 15. Gale, Douglas, 1993, Informational Capacity and Financial Collapse, in Capital Markets and Financial Intermediation (eds. Mayer and Vives), Cambridge University Press, Cambridge, United Kingdom.

  8. 16. Gale, Douglas, and Martin Hellwig, 1985, Incentive-Compatible Debt Contracts: The OnePeriod Problem, Review of Economic Studies 52, 647-663.

  9. 18. Hand, John, Robert Holthausen, and Richard Leftwich, 1992, The Effect of Bond Rating Agency Announcements on Bond and Stock Prices, Journal of Finance 47, 733-752.

  10. 19. Harris, Milton, and Artur Raviv, 1998, Capital Budgeting and Delegation, Journal of Financial Economics, 50, pp 259-289.

  11. 2. Brealey, Richard, and Stewart Myers, 2000, Principles of Corporate Finance, 6th edition, Irwin McGraw Hill, New York.
    Paper not yet in RePEc: Add citation now
  12. 20. International Herald Tribune, 2002, Enrons Unthinkable Collapse Blindsided all but the Biggest: US Probes Role of Rating Firms, February 9-10, p9.
    Paper not yet in RePEc: Add citation now
  13. 21. Kliger, Doron and Oded Sarig, 2000, The Information Value of Bond Ratings, Journal of Finance 55-6, 2879-2902.

  14. 22. Lizzeri, Alessandro, 1999, Information Revelation and Certification Intermediaries, Rand Journal of Economics 30-2, 214-231.

  15. 23. McDaniel, Raymond, 1997, Ratings at Moodys, Moodys document.
    Paper not yet in RePEc: Add citation now
  16. 24. Morris, Stephen, 1999, Political Correctness, Yale University working paper.

  17. 25. Nickell, Pamela, William Perraudin, and Simone Varotto, 1999, Ratings- Versus EquityBased Credit Risk Modelling: An Empirical Analysis, working paper.

  18. 26. Partnoy, Frank, 1999, The Siskel and Ebert of Financial Markets: Two Thumbs Down for the Credit Rating Agencies, Washing University Law Quarterly 77, 619-712.
    Paper not yet in RePEc: Add citation now
  19. 27. Saunders, Anthony, 1999, Credit Risk Measurement, John Wiley and Sons, New York.
    Paper not yet in RePEc: Add citation now
  20. 28. Spatt, Chester and Sanjay Srivastava, 1991, Preplay Communication, Participation Restrictions, and Efficiency in Initial Public Offerings, Review of Financial Studies 4-4, 709-726.

  21. 29. Townsend, Robert M., Optimal Contracts and Competitive Markets with Costly State Verification , Journal of Economic Theory 21, 265-293.

  22. 3. Cantor, Richard, and Frank Packer, 1997, Differences in Opinion and Selection Bias in the Credit Rating Industry, Journal of Banking and Finance 21, 1395-1417.

  23. 30. Weinstein, Mark, 1977, The Effect of a Rating Change Announcement on Bond Price, Journal of Financial Economics 5-3, 329-350.
    Paper not yet in RePEc: Add citation now
  24. 4. Carey, Mark and Mark Hrycay, 2000, Parameterizing Credit Risk Models With Rating Data, working paper.

  25. 5. Cornell, Brad, Wayne Landsman, and Alan Shapiro, 1989, Cross-sectional Regularities in the Response of Stock Prices to Bond Rating Changes, Journal of Accounting, Auditing and Finance 4, 460-479.
    Paper not yet in RePEc: Add citation now
  26. 6. Da Rin, Marco, and Thomas Hellmann, 2001, Banks as Catalysts for Industrialization, working paper, Stanford University.

  27. 7. Dallas, George, 1997, The Role of Ratings in Public and Private Debt Markets, Standard and Poors document.
    Paper not yet in RePEc: Add citation now
  28. 8. Diamond, Douglas W., 1984, Financial Intermediation and Delegated Monitoring, Review of Economic Studies 51, 393-414.

  29. 9. Diamond, Douglas W., 1992, Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt, Journal of Political Economy 99, 689-721.

Cocites

Documents in RePEc which have cited the same bibliography

  1. Information reliability and welfare: A theory of coarse credit ratings. (2015). Thakor, Anjan ; Goel, Anand.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:115:y:2015:i:3:p:541-557.

    Full description at Econpapers || Download paper

  2. Comparing Centralized and Decentralized Banking: A Study of the Risk-Return Profiles of Banks. (2012). Sjögren, Tomas ; Holmberg, Ulf ; Sjogren, Tomas ; Hellstrom, Jorgen.
    In: Umeå Economic Studies.
    RePEc:hhs:umnees:0838.

    Full description at Econpapers || Download paper

  3. The Credit Market and the Determinants of Credit Crunches: An Agent Based Modeling Approach. (2012). Holmberg, Ulf.
    In: Umeå Economic Studies.
    RePEc:hhs:umnees:0836.

    Full description at Econpapers || Download paper

  4. Have community banks reduced home foreclosure rates?. (2011). Yeager, Tim ; Kali, Raja ; Fogel, Kathy.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:35:y:2011:i:9:p:2498-2509.

    Full description at Econpapers || Download paper

  5. A smoke screen theory of financial intermediation. (2011). Breton, Régis.
    In: Working papers.
    RePEc:bfr:banfra:356.

    Full description at Econpapers || Download paper

  6. The Role of Financial Intermediaries in Securities Issues: A Theoretical Analysis. (2009). Sonderegger, Silvia ; Deidda, Luca ; Adriani, Fabrizio.
    In: MPRA Paper.
    RePEc:pra:mprapa:16112.

    Full description at Econpapers || Download paper

  7. The strategic behavior of banks during a financial crisis; evidence from the syndicated loan market. (2009). Van Horen, Neeltje ; De Haas, Ralph.
    In: MPRA Paper.
    RePEc:pra:mprapa:14164.

    Full description at Econpapers || Download paper

  8. Does a Bank’s Loan Screening and Monitoring Matter?. (2009). Lee, Kwang-Won ; Sharpe, Ian.
    In: Journal of Financial Services Research.
    RePEc:kap:jfsres:v:35:y:2009:i:1:p:33-52.

    Full description at Econpapers || Download paper

  9. Competition or collaboration? The reciprocity effect in loan syndication. (2009). Cai, Jian.
    In: Working Papers (Old Series).
    RePEc:fip:fedcwp:0909.

    Full description at Econpapers || Download paper

  10. Markets for Information: Of Inefficient Firewalls and Efficient Monopolies. (2009). Gottardi, Piero ; Cabrales, Antonio.
    In: Economics Working Papers.
    RePEc:eui:euiwps:eco2009/11.

    Full description at Econpapers || Download paper

  11. Universal banks and corporate control: evidence from the global syndicated loan market. (2009). Ferreira, Miguel ; Matos, Pedro.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:20091066.

    Full description at Econpapers || Download paper

  12. Who gets the credit ? and does it matter ? household vs. firm lending across countries. (2008). Valev, Neven ; Rioja, Felix ; Beck, Thorsten ; Bahadir, Berrak ; Buyukkarabacak, Berrak .
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:4661.

    Full description at Econpapers || Download paper

  13. Bank competition and financial stability : friends or foes ?. (2008). Beck, Thorsten.
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:4656.

    Full description at Econpapers || Download paper

  14. Information Sales and Insider Trading with Long-lived Information. (2007). Cespa, Giovanni.
    In: CSEF Working Papers.
    RePEc:sef:csefwp:174.

    Full description at Econpapers || Download paper

  15. Finance and growth in a bank-based economy: is it quantity or quality that matters?. (2006). Wedow, Michael ; Koetter, Michael.
    In: Discussion Paper Series 2: Banking and Financial Studies.
    RePEc:zbw:bubdp2:4358.

    Full description at Econpapers || Download paper

  16. Two-Sided Matching and Spread Determinants in the Loan Market. (2006). Chen, Jiawei.
    In: Working Papers.
    RePEc:irv:wpaper:060702.

    Full description at Econpapers || Download paper

  17. Bank concentration, competition, and crises: First results. (2006). Levine, Ross ; Demirguc-Kunt, Asli ; Beck, Thorsten.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:30:y:2006:i:5:p:1581-1603.

    Full description at Econpapers || Download paper

  18. Should Insider Trading be Prohibited when Share Repurchases are Allowed?. (2006). Nicodano, Giovanna ; Buffa, Andrea M..
    In: Carlo Alberto Notebooks.
    RePEc:cca:wpaper:16.

    Full description at Econpapers || Download paper

  19. What’s Common to Relationship Banking and Relationship Investing? Reflections within the Contractual Theory of the Firm. (2005). Neuberger, Doris.
    In: Finance.
    RePEc:wpa:wuwpfi:0510003.

    Full description at Econpapers || Download paper

  20. What’s Common to Relationship Banking and Relationship Investing? Reflections within the Contractual Theory of the Firm. (2005). Neuberger, Doris.
    In: Finance.
    RePEc:wpa:wuwpfi:0510001.

    Full description at Econpapers || Download paper

  21. What’s Common to Relationship Banking and Relationship Investing? Reflections within the Contractual Theory of the Firm. (2005). Neuberger, Doris.
    In: Finance.
    RePEc:wpa:wuwpfi:0503001.

    Full description at Econpapers || Download paper

  22. Financial Development and Property Valuation. (2005). Ebrahim, M. Shahid ; Hussain, Sikandar .
    In: Computing in Economics and Finance 2005.
    RePEc:sce:scecf5:24.

    Full description at Econpapers || Download paper

  23. Bank Concentration and Fragility: Impact and Mechanics. (2005). Levine, Ross ; Demirguc-Kunt, Asli ; Beck, Thorsten.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:11500.

    Full description at Econpapers || Download paper

  24. Courage to Capital? A Model of the Effects of Rating Agencies on Sovereign Debt Role-over. (2005). Hale, Galina ; Carlson, Mark.
    In: Cowles Foundation Discussion Papers.
    RePEc:cwl:cwldpp:1506.

    Full description at Econpapers || Download paper

  25. The Industrial Organization of Financial Market Information Production. (2005). Chen, Zhaohui ; Wilhelm, William J.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:5314.

    Full description at Econpapers || Download paper

  26. One signal, two opinions: strategic heterogeneity of analysts forecasts. (2004). Laux, Christian ; Probst, Daniel A..
    In: Journal of Economic Behavior & Organization.
    RePEc:eee:jeborg:v:55:y:2004:i:1:p:45-66.

    Full description at Econpapers || Download paper

  27. SISTEMAS LEGAIS DE INSOLVÊNCIA, INCENTIVOS E MERCADO DE CRÉDITO: UMA ABORDAGEM INSTITUCIONAL. (2004). Ana Carla Abr, .
    In: Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting].
    RePEc:anp:en2004:097.

    Full description at Econpapers || Download paper

  28. Bank concentration and crises. (2003). Levine, Ross ; Demirguc-Kunt, Asli ; Beck, Thorsten.
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:3041.

    Full description at Econpapers || Download paper

  29. Bank Concentration and Crises. (2003). Levine, Ross ; Demirguc-Kunt, Asli ; Beck, Thorsten.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:9921.

    Full description at Econpapers || Download paper

  30. Banking relationships during financial distress: the evidence from Japan. (2003). Genay, Hesna ; Brewer, III Elijah ; Kaufman, George G..
    In: Economic Perspectives.
    RePEc:fip:fedhep:y:2003:i:qiii:p:2-18:n:v.27no.3.

    Full description at Econpapers || Download paper

  31. Loanable funds, risk, and bank service output. (2003). Wang, J. Christina.
    In: Working Papers.
    RePEc:fip:fedbwp:03-4.

    Full description at Econpapers || Download paper

  32. Credit Ratings as Coordination Mechanisms. (2002). Boot, Arnoud ; Milbourn, Todd T..
    In: William Davidson Institute Working Papers Series.
    RePEc:wdi:papers:2002-457.

    Full description at Econpapers || Download paper

  33. Banking stability, reputational rents, and the stock market: should bank regulators care about stock prices?. (2002). Thakor, Anjan.
    In: Conference Series ; [Proceedings].
    RePEc:fip:fedbcp:y:2002.

    Full description at Econpapers || Download paper

  34. Bank Lending and Relationship Banking: Evidence from Chilean Firms. (2002). Valdés, Rodrigo ; Repetto, Andrea ; Rodriguez, Sergio ; Valdes, Rodrigo O..
    In: Documentos de Trabajo.
    RePEc:edj:ceauch:146.

    Full description at Econpapers || Download paper

  35. Banks as Catalysts for Industrialization. (2002). Hellmann, Thomas ; Da Rin, Marco.
    In: Research Papers.
    RePEc:ecl:stabus:1398.

    Full description at Econpapers || Download paper

  36. Credit Ratings as Coordination Mechanism. (2002). Boot, Arnoud ; Milbourn, Todd.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:3331.

    Full description at Econpapers || Download paper

  37. Strategic choices of quality, differentiation and pricing in financial services. (2001). Mahajan, Sandeep ; Sweeney, Richard J..
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:25:y:2001:i:8:p:1447-1473.

    Full description at Econpapers || Download paper

  38. Information sharing, liquidity and transaction costs in floor-based trading systems. (2001). Daures, Laurence ; Foucault, Thierry.
    In: HEC Research Papers Series.
    RePEc:ebg:heccah:0742.

    Full description at Econpapers || Download paper

  39. Portfolio management fees: assets or profits based compensation?. (2001). Gil-Bazo, Javier.
    In: DEE - Working Papers. Business Economics. WB.
    RePEc:cte:wbrepe:wb012207.

    Full description at Econpapers || Download paper

  40. Competition and stability in banking. (2001). Lemmen, Jan ; canoy, marcel ; van Dijk, Machiel.
    In: CPB Document.
    RePEc:cpb:docmnt:15.

    Full description at Econpapers || Download paper

  41. Relationship Banking and Competition under Differentiated Asymmetric Information. (2000). Marquez, Robert ; Hauswald, Robert.
    In: Center for Financial Institutions Working Papers.
    RePEc:wop:pennin:00-13.

    Full description at Econpapers || Download paper

  42. Financial intermediation in the securities markets law and economics of conduct of business regulation. (2000). Pacces, Alessio M..
    In: International Review of Law and Economics.
    RePEc:eee:irlaec:v:20:y:2000:i:4:p:479-510.

    Full description at Econpapers || Download paper

  43. Borrower risk and the price and nonprice terms of bank loans. (1999). Strahan, Philip E..
    In: Staff Reports.
    RePEc:fip:fednsr:90.

    Full description at Econpapers || Download paper

  44. The design of financial systems: An overview. (1996). Thakor, Anjan.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:20:y:1996:i:5:p:917-948.

    Full description at Econpapers || Download paper

  45. Financial conglomeration: Issues and questions. (1996). Thakor, Anjan.
    In: The North American Journal of Economics and Finance.
    RePEc:eee:ecofin:v:7:y:1996:i:2:p:135-145.

    Full description at Econpapers || Download paper

  46. The Limits of Arbitrage. (1995). Vishny, Robert ; Shleifer, Andrei.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:5167.

    Full description at Econpapers || Download paper

  47. Noise Trading, Delegated Portfolio Management, and Economic Welfare. (1994). Gorton, Gary ; Dow, James.
    In: Center for Financial Institutions Working Papers.
    RePEc:wop:pennin:95-10.

    Full description at Econpapers || Download paper

  48. Noise Trading, Delegated Portfolio Management, and Economic Welfare. (1994). Gorton, Gary ; Dow, James.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:4858.

    Full description at Econpapers || Download paper

  49. Asymétrie d’information et marchés financiers : une synthèse de la littérature récente. (1993). Foucault, Thierry ; Biais, Bruno.
    In: L'Actualité Economique.
    RePEc:ris:actuec:v:69:y:1993:i:1:p:8-44.

    Full description at Econpapers || Download paper

  50. Expectativas racionales, competencia perfecta y comportamiento estratégico en los mercados financieros. (1991). Caballe, Jordi.
    In: Investigaciones Economicas.
    RePEc:iec:inveco:v:15:y:1991:i:1:p:3-34.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2026-06-08 00:30:58 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated May, 3 2024. Contact: Jose Manuel Barrueco.