Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 18 of 18 for “"Moody's"”.
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An analysis of Dwight Moody's Urban Social Vision
Dwight Moody was the dominant English-speaking evangelist of the late nineteenth century. Much of Moody's work focused on urban centers. This thesis is an analysis of the origins of Dwight Moody's urban social vision. Specifically it studies the role Moody's theology played in the formation of his …
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Essays on Structured Finance and Housing Markets
… to downgrade the CDO tranches. We use data from Moody's CDO database to reconstruct the process through which Moody's eventually downgraded the tranches. We use a discrete hazard rate model to study the variables that were relevant in the downgrading of the tranches of the CDOs. The empirical …
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Models of Corporate and Bank Default and Credit Migration
… observed real default probabilities reported by Moody's for the BBB, BB and B rated bonds. We find that none of the models can accurately predict the default probabilities in all these cases. Merton as well as Leland and Toft models underpredict default probabilities. Longstaff and Schwartz model …
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The immediate price and volume effects of investment advisory services on stocks recommended
… services, Value Line Investment Service, Moody's Investors Survey, and Standard and Poor's Outlook. The recommendations of Moody's and Standard and Poor’s were divided into strong and weak categories for testing purposes. Price and volume data for each stock were collected and adjusted for …
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Quantification of the default probability of the top 42 non-financial South African firms
… follows the same methodology as outlined in the Moody's KMV white papers in implementing the Merton (1974) model. The model of default prediction builds upon option theory as pioneered by Black and Scholes and derives the probability of default predominately from the price and volatility of …
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The impact of credit rating watchlist and effect of underwriter reputation on IPO underpricing
… in bond and equity markets according to Moody's bond rating watchlist announcements and actual rating change announcements afterwards. Based on different methods of calculating excess returns, we find that asset prices react in response to Moody's rating announcements, suggesting that …
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Local debts, international authority : rating agencies' emergence in regulating subnational debt
… credit rating agencies (e.g. Standard & Poor's, Moody's and Fitch) as an alternative regulatory mechanism, which has the potential to stabilize these markets, improve risk pricing, and alter traditional conceptions of local governance. The first chapter traces SND's long legacy of debt defaults, …
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Bridging cultures: American Indian students at the Northfield Mount Hermon School
… for Young Ladies, founded by evangelist D. L. Moody. While Captain Pratt was dedicated to the assimilation and acculturation of Native children into the dominant culture, D. L. Moody was determined to offer affordable education to financially disadvantaged young women. In the fall of 1880 the …
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Risk and return in institutional commercial real estate : a fresh look with new data
… from the repeat sale transaction-based Moody's/RCA CPPI Indices. The asset pricing model test results for the NCREIF and PureProperty indices show that a substantial amount of the variation in LONG RUN total return can be explained by a portfolio's beta with respect to a market index and …
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Idiosyncratic risk in US commercial real estate
… (or market) level by a price index such as Moody's RCA CPPI Index. However, individual property performance could be significantly different from the aggregate index performance (both national and metro indices) due to several property related reasons which are different from the factors …
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Stock price as an indicator of performance
… The other financial data was gathered from Moody's Industrials. Using this data, a series of simple regressions was computed to test for any significant relationship between stock prices and the selected measures of performance. The results were analyzed by cross~section analysis and by two- …
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Determinants of sovereign credit ratings in an emerging economy: A case of South Africa
… three leading ratings agencies, namely:- Fitch, Moody's, and Standard and Poor's. Sovereign credit ratings have a vital role in capital mobilisation and portfolio inflows as they dictate the cost and eligibility of borrowing in the global capital markets. The sovereign credit ratings also act as …
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On Explosive Time Series
… proposed methodology is conducted, utilising the Moody's Seasoned Aaa and Baa Corporate Bond Yields, the Ten-Year Treasury Rate and the Volatility Index (VXO) as covariates. The third chapter intends to examine the size and power properties of right-tailed Dickey-Fuller unit root test processes …
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Stocks, bonds and volatility in financial markets
… correlated with bond liquidity premiums and Moody's Baa-Aaa corporate bond spreads. The funding liquidity is able to predict future stock market returns, and its forecasting power is significant in both in-sample and out-of-sample tests. It is also robust to various equity premium predictors, …
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Three essays in financial markets and banking
… non-utility firms that have CP ratings from Moody's, I find two main results. First, I find that firms' financing needs have been decreasing at the aggregate level since 2000. Additionally, although there have been constant new entrants, a big decline in CP market entry largely due to the …
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Analyzing Volatility and Policy Changes in the Financial Market: Three Essays in Applied Finance
… yields: the three month Treasury bill, Moody's AAA corporate bond and the Ten year Treasury bill. We find increases in monetary policy via the EFFR affects the short-term security in our analysis to a large magnitude, but increases in overall market conditions affect all securities in …
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The Economics of American Higher Education
… created. This examination included a review of Moody’s Investors Service credit outlooks for the sector in the post-Recession period (2012-present) to determine if Moody’s outlook aligns with current higher education thought leaders. The results showed a consensus of thought on the need for …
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Three Essays in Empirical Asset Pricing
The financial crisis of 2007-2008 led to extraordinary government intervention in firms and markets. The scope and depth of government action rivaled that of the Great Depression. Many traded markets experienced dramatic declines in liquidity leading to the existence of conditions normally assumed …