Asymmetric information in financial economics : asset pricing, liquidity policy and the resolution of financial distress
This thesis consists of three self contained essays in financial economics where agents interact under asymmetric information about some latent economic fundamentals. The chapter on "Asset pricing under noisy rating signals: Does benchmarking on ratings matter.", demonstrates that, in the...
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London School of Economics and Political Science (University of London)
2005
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.645607 |