Credit Risk and Financial Regulations

Field	Economics, Econometrics and Finance
Subfield	Finance
Domain	Social Sciences
OpenAlex	T11496

Smeal faculty

• Kimberly Cornaggia - score 13.0
• Jess Cornaggia - score 10.0
• Samuel Burton Bonsall - score 8.0
• Jingzhi Huang - score 8.0
• Karl A. Muller - score 3.0
• Brent Schmidt - score 3.0
• Jed Neilson - score 2.0
• Charles Cao - score 2.0
• Giang Nguyen - score 2.0
• Patricia A. Patrick - score 1.0
• Fenghua Song - score 1.0
• Eva Maria Steiner - score 1.0

Papers

• How Much of the Corporate-Treasury Yield Spread Is Due to Credit Risk? (2012) - cites 1073
• Structural Models of Corporate Bond Pricing: An Empirical Analysis (2004) - cites 874
• Structural Models of Corporate Bond Pricing: An Empirical Analysis (2002) - cites 398
• Managerial Ability and Credit Risk Assessment (2016) - cites 305
• How Much of Corporate-Treasury Yield Spread Is Due to Credit Risk?: A New Calibration Approach (2003) - cites 304
• The information content of option-implied volatility for credit default swap valuation (2010) - cites 234
• Estimating the Costs of Issuer-Paid Credit Ratings (2013) - cites 217
• Credit Ratings and the Cost of Municipal Financing (2017) - cites 210
• Revolving doors on Wall Street (2016) - cites 152
• Liquidity effects in corporate bond spreads (2013) - cites 137
• Does Regulatory Certification Affect the Information Content of Credit Ratings? (2015) - cites 115
• Credit Ratings Across Asset Classes: A Long-Term Perspective (2017) - cites 110
• The Information Content of Option-Implied Volatility for Credit Default Swap Valuation (2009) - cites 99
• Are Credit Ratings More Rigorous for Widely Covered Firms? (2018) - cites 93
• Where the Heart Is: Information Production and the Home Bias (2020) - cites 80
• Specification Analysis of Structural Credit Risk Models (2019) - cites 79
• The impact of issuer-pay on corporate bond rating properties: Evidence from Moody׳s and S&P׳s initial adoptions (2014) - cites 77
• Explaining Credit Spread Changes (2003) - cites 76
• When Do Differences in Credit Rating Methodologies Matter? Evidence from High Information Uncertainty Borrowers (2016) - cites 75
• Initial credit ratings and earnings management (2013) - cites 60
• A predictive model of fiscal distress in local governments (2009) - cites 59
• Estimating the Costs of Issuer-Paid Credit Ratings (2012) - cites 56
• The Price of Safety: The Evolution of Municipal Bond Insurance Value (2023) - cites 37
• The Effectiveness of Credit Rating Agency Monitoring: Evidence from Asset Securitizations (2015) - cites 37
• What Do We Know About Corporate Bond Returns? (2021) - cites 32
• Does Certification Affect the Information Content of Credit Ratings? (2012) - cites 28
• Conflicted Credit Analysts (2012) - cites 20
• Conflicts of interest in subscriber-paid credit ratings (2023) - cites 18
• Credit Ratings across Asset Classes: A ≡ A? (2012) - cites 18
• REIT Capital Structure Choices: Preparation Matters (2016) - cites 17