The Disciplining Effect of Credit Default Swap Trading on the Quality of Credit Rating Agencies†

Keyphrases

• Credit Default Swaps 100%
• Credit Rating Agencies 100%
• Disciplining Effect 100%
• Credit Rating 60%
• Rating Agencies 40%
• Credit Risk 40%
• Sensitivity Test 20%
• Selection Bias 20%
• Gatekeepers 20%
• Quality Rating 20%
• Issuer 20%
• Potential Drivers 20%
• Debt Markets 20%
• Risk Information 20%
• Negative Shocks 20%
• Rating Accuracy 20%
• Quality Credit 20%
• Credit Rating Quality 20%
• Credit Evaluation 20%
• Watch List 20%
• Credit Default Swap Market 20%

Economics, Econometrics and Finance

• Rating Agency 100%
• Credit Rating 100%
• Credit Derivative 100%
• Credit 42%
• Sensitivity Analysis 14%