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Do Upgradings and Downgradings Convey Information? An Event Study of the French Bond Market
Authors:Maurizio  Dallocchio – Jerome  Hubler † – Philippe  Raimbourg ‡ – Antonio  Salvi
Institution:Bocconi University, via Bocconi 8, Milan, Italy;Nancy II University, 13 Place Carnot, Nancy, France;Paris I Panthéon-Sorbonne University ESCP-EAP, Finance &Regulation, PRISM, Sorbonne
Abstract:This study has two purposes:
  • To present an alternative method for the study of events related to bond spreads applicable when only a small number of events is available;

Keywords:G20                        G21)
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