Essays about: "Alexander Paterson"
Found 1 essay containing the words Alexander Paterson.
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1. Stock Market Impact of Sovereign Credit Rating Announcements: The Case of GIIPS and BRIC countries during the European Sovereign Debt Crisis of 2009-2013
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : In this study, we analyse the effects of sovereign credit rating reviews on national stock market performances in GIIPS and BRIC countries during the European Sovereign Debt Crisis of 2009-2013. Through an event study, we test the Null Hypothesis that cumulative abnormal returns on national stock market indices are zero and find that sovereign debt downgrades produce negative cumulative abnormal returns for GIIPS countries, the effect being larger for small economies compared to big economies. READ MORE
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