… Author links open overlay panel Rasha Alsakka a , Owain ap Gwilym b … Cantor and Packer,
1996, Alsakka and ap Gwilym, 2009 show that rating disagreements across agencies are …

Sovereign credit ratings are becoming increasingly important both within a financial regulatory
context and as a necessary prerequisite for the development of emerging capital markets. …

This paper analyses the effects of sovereign rating actions on the credit ratings of banks in
emerging markets, using a sample from three global rating agencies across 54 countries for …

The ongoing financial crisis has drawn considerable attention to the role of credit rating
agencies in the financial system. We examine how the foreign exchange market reacts to …

We investigate the rating channel for the transmission of changes in sovereign risk to the
banking sector, analysing data from Moody's, S&P and Fitch before and during the European …

Price clustering and optimal tick sizes have recently been topics of substantial public policy
interest, and this paper presents evidence which is relevant to both debates. Around 98% of …

We analyse the reaction of the foreign exchange spot market to sovereign credit signals by
Fitch, Moody’s and S&P during 1994–2010. We find that positive and negative credit news …

We analyse a survey of 200 plan sponsors and investment managers in the US and Europe
regarding the use of credit rating guidelines in the conduct of their investment activities. We …

This is a unique study of the relationship between emerging sovereign rating migrations and
the sources of rating heterogeneity. It employs data from six international rating agencies …

This paper examines the intraday behaviour of five-minute FTSE-100, Short Sterling and Long
Gilt LIFFE futures returns volatility and volume. The intraday patterns identified exhibit a U-…