TY  - RPRT
AU  - Abad Romero, Pilar
AU  - Díaz, Antonio
AU  - Robles Fernández, María Dolores
PY  - 2011
UR  - https://hdl.handle.net/20.500.14352/49040
AB  - We test whether or not different rating announcements contain pricing-relevant information and modify trading activity patterns in the Spanish commercial paper and corporate bond markets. We observe a statistically significant widening of yield...
LA  - eng
A3  - Instituto Complutense de Análisis Económico. Universidad Complutense de Madrid
KW  - Credit rating agencies
KW  - Rating changes
KW  - Event study
KW  - Yields
KW  - Liquidity
KW  - Trading frequency
KW  - Corporate bond market
KW  - Commercial paper market.
TI  - Credit Rating Announcements, Trading Activity and Yield Spreads: The Spanish Evidence
TY  - technical report
VL  - 2011
ER  -