ListarTHECO - Conferencias Científicas por tema "Crédito"
Mostrando ítems 1-2 de 2
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Optimal Delegation, Unawareness, and Financial Intermediation
(2017-07-07)We study the delegation problem between an investor and a financial intermediary. The intermediary has private information about the state of the world that determines the return of the investment. Moreover, he has superior ... -
Selection in Unsolicited Ratings: the Case of the Sovereign Debt Market
(2017-07-07)This paper aims at contributing to the debate on whether unsolicited ratings are strategically motivated. I present evidence from the sovereign debt market that strategic motivation is not necessarily behind the patterns ...