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Les ratings financiers et l'inflation

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par Igor Topic
Université libre de Bruxelles - Licence en sciences économiques 2004
  

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X. Bibliographie

Livres

Hal R.Varian, « Introduction à la microéconomie », De Boeck Université, 1998

David K. Eiteman, Arthur I. Stonehill Michael H. Moffet, «Multinational Business Finance», ninth edition, Addison Wesley Longman, 2001

Peter Kennedy, «A guide to econometrics», Fifth Edition, Blackwell Publishing, 2003

Investment

S.P.Dobrovolsky, «Economics of Corporate Internal and external financing», The journal of finance, volume 13, Issue 1(mars 1958), p.35-47

Barry Bosworth, «Patterns of Corporate External Financing», Brookings Papers on Economic Activity, Volume 1971, Issue 2(1971), p.253-279

Warren Smith, Daniel Brill, Barry Bosworth, «Patterns of Corporate External Financing: Comments and discussion», Brookings Papers on Economic Activity, Volume 1971, Issue 2(1971), p 280-284

Toni M.Whited, «Debt, Liquidity Constraints, and Corporate Investment: Evidence from Panel Data», The journal of finance, Volume 47, Issue 4, (Septembre 1992), p.1425-1460

Steven M.Fazzari, R Glenn Hubbard, Bruce C.Petersen, «Financing Constraints and Corporate Investment», Brookings Papers on economic activity, volume 1988, Issue 1(1988), p.141-195

Alan S.Blinder, James M.Poterba, «Financing Constraints and Corporate Investment.Comments and Discussion.», Brookings Papers on economic activity, volume 1988, Issue 1(1988), p.196-206

Wendy Carlin and Colin Mayer, «Finance, investment and Growth», University College, London and Said Business School, University of Oxford, 1999

Ratings

Jeremy C.Goh and Louis H. Ederington, «Is a bond rating downgrade bad news, good news or no news for stockholders?», The journal of finance, volume 48, Issue 5(1993), p.2001-2008

Frank K.Reilly and Michael D.Joehnk, «The Association between market determined risk Measures for Bond and Bond Rating», The journal of finance, volume 31, Issue 5, December 1973, p.1387-1403

John R.M.Hand, Robert W. Holthausen and Richard W.Leftwich, «The effect of bond rating agency announcements on bond and stock prices», The journal of finance, volume 47, Issue 2, June 1992, p.733-752.

Jerome S. Fons, «The default premium and corporate bond experience», The journal of finance, volume 42, Issue 1, March 1987, p81-97

Mark Carey, «Parameterizing credit risk models with rating data», Journal of Banking and finance, January 2001.

The Role of Credit Rating Agencies in the Establishment of Capital Standards for Financial Institutions in a Global Economy, Professor Howell E.Jackson, Harvard Law School, November 2000

Report on the Role and function of Credit Rating agencies in the operation of securities Markets As required by the section 702(b) of the Sarbanes-Oxley Act of 2002, Us securities and exchange commission, January 2003.

Moon, Choon Geol and Janet G. Stotsky, «Testing the differences between the determinants of Moodys and Standard and Poors ratings: An Application of smooth simulated maximum likelihood estimation», Journal of Applied Econometrics, 8:1, 1993, p. 51-69.

Information

John B.Shoven, Jeremy I.Bulow, «Inflation accounting and nonfinancial corporate profits: Financial Assets and Liabilities», Brookings papers on economic activity, volume 1976, Issue 1, 1976, p.15-57

William Fellner and Edward M.Gramlich, «Inflation accounting and nonfinancial corporate profits: Financial Assets and Liabilities. Comments and Discussion.», Brookings papers on economic activity, volume 1976, Issue 1, 1976, p.58-66

Barry L.Lewis, James M.Patton and Sharon L.Green, «The effect of information choice and information use on analysts prediction of municipal bond rating changes», The accounting Review, Volume 63 , Issue 2, April 1988 , p.270-282

Méthodologie des agences de rating

Standard and Poors

Standard and Poors, «Rating the Issue»,

Standard and Poors, «Rating Methodology: Evaluating the Issuer»,

Standard and Poors, «Rating and Ratios»,

Moodys

Relative Default rates on Corporate Bonds and Loans, Moodys,

Measuring the performance of corporate bond rating, Moodys,

Moodys rating migration and credit quality correlation, Moodys,

Inflation

Christopher J. Erceg and Andrew T. Levin, «Imperfect Credibility and Inflation Persistence», Federal Reserve Board, June 2001

Brian Sack, «Deriving inflation expectation from nominal and inflation-indexed treasury yields», Division of Monetary Affairs,Board of Governors of the Federal Reserve System, May 2000

Antulio N. Bomfim and Glenn D. Rudebusch, «Opportunistic and Deliberate Disinflation Under Imperfect Credibility », December 1997

Christopher A.Sims, «Should we fear Deflation? Comments and Discussion», Brookings Papers on economic activity, volume 1999, Issue 1(1999), p.242-252

Calvin Schnure, «Who Holds Cash? And Why?», Board of Governors of the Federal Reserve System (U.S.), Finance and Economics Discussion Series: 1998-13, January 1998

Autres

Daniel M.Covitz and Paul Harrison, «The timing of debt issuance and rating Migration: Theory and evidence», Federal Reserve Board, September 1999

C.L. Christenson, «Variation in the inflationary force of bargaining», The American Economic Review, volume 44, Issue 2, 1954, p347-362

Credit ratings and complementary sources of credit quality information», Basel committee on Banking supervision, August 2000, n°3

Eckbo, B.E, «Mergers and the Market Concentration Doctrine: Evidence from the Capital Market», Journal of Business, 1985, p.325-49

Dehning B., Stratopoulos T., «Determinants of sustainable competitive advantage due to an IT-enable strategy» , Journal of Strategic Information Systems, 2003, p.7-28

Econométrie

Michael J. Boskin, «A conditional logit model of occupational choice», The journal of political Economy, Volume 82, Issue 2, Part 1, 1974, p389-398

Peter Schmidt; Robert P.Strauss, «The prediction of Occupation using multiple logit Model» , International Economic Review, Volume 16, Issue 2, 1975, p471-486

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