19b2147e6161417a1b5a94905672a4fa gibert-2020-solicited-versus-unsolicited-ratings-the-role-of-selection_1_.pdf 55efbafd62b0fca6a7e9ee0f9a37bb8af2ac5d95 gibert-2020-solicited-versus-unsolicited-ratings-the-role-of-selection_1_.pdf f8c1fff602333e1a9e294685f7e618a0579cd617d3fe47477f67f9fef7311922 gibert-2020-solicited-versus-unsolicited-ratings-the-role-of-selection_1_.pdf Title: SOLICITED VERSUS UNSOLICITED RATINGS: THE ROLE OF SELECTION Subject: J. Fin. Mngt. Mar. Inst. 2019.07:1950005 Keywords: Unsolicited ratings,sovereign debt,rating agencies,ancillary services Author: ANNA GIBERT (1Statale University of Milan, Bocconi University and DIW Berlin, Via Festa del Perdono 7, 20122 Milan, Italy) Creator: Arbortext Advanced Print Publisher 10.0.1041/W Unicode Producer: Acrobat Distiller 10.1.16 (Windows); modified using iText 4.2.0 by 1T3XT CreationDate: Tue Jan 21 09:07:14 2020 CET ModDate: Tue Jul 23 13:51:02 2024 CEST Custom Metadata: no Metadata Stream: yes Tagged: no UserProperties: no Suspects: no Form: none JavaScript: no Pages: 25 Encrypted: no Page size: 457.2 x 698.4 pts Page rot: 0 File size: 377478 bytes Optimized: no PDF version: 1.4 name type encoding emb sub uni object ID ------------------------------------ ----------------- ---------------- --- --- --- --------- JFHBCI+AdvTT1e10035d Type 1C WinAnsi yes yes no 132 0 JFHBCJ+AdvTTc7427115 Type 1C WinAnsi yes yes no 111 0 JFHCIN+AdvPi1 Type 1C WinAnsi yes yes no 194 0 JFHBDK+AdvTTa139c8c6 Type 1C WinAnsi yes yes no 112 0 JFHCIO+AdvTT0de17339 Type 1C WinAnsi yes yes no 113 0 JFHBDL+AdvP455496 Type 1C WinAnsi yes yes no 475 0 JFHCIM+AdvPi3 Type 1C WinAnsi yes yes no 476 0 Times-Roman Type 1 WinAnsi no no no 2 0 JFHCKO+AdvP4C4E59 Type 1C Custom yes yes yes 109 0 JFHCKP+AdvP480F83 Type 1C WinAnsi yes yes no 110 0 JFHCMP+AdvP4C4E74 Type 1C Custom yes yes yes 130 0 JFHCNA+AdvTT72a28846 Type 1C WinAnsi yes yes no 131 0 JFHELF+Arial Type 1C WinAnsi yes yes no 144 0 JFHENF+AdvP3D9F7F Type 1C WinAnsi yes yes no 156 0 JFHENG+AdvP4C4E51 Type 1C Custom yes yes yes 157 0 JFHGDO+AdvTT5843c571 Type 1C WinAnsi yes yes no 167 0 JFHGDP+AdvTT9ad798dd Type 1C WinAnsi yes yes no 168 0 JFHHKG+AdvP4C4E46 Type 1C Custom yes yes yes 201 0 JFHIGD+AdvTT5843c571+20 Type 1C WinAnsi yes yes no 315 0 Jhove (Rel. 1.28.0, 2023-05-18) Date: 2024-07-24 02:45:34 CEST RepresentationInformation: gibert-2020-solicited-versus-unsolicited-ratings-the-role-of-selection_1_.pdf ReportingModule: PDF-hul, Rel. 1.12.4 (2023-03-16) LastModified: 2024-07-23 13:57:42 CEST Size: 377478 Format: PDF Version: 1.4 Status: Well-Formed and valid SignatureMatches: PDF-hul MIMEtype: application/pdf PDFMetadata: Objects: 0 FreeObjects: 2 IncrementalUpdates: 0 DocumentCatalog: PageLayout: SinglePage PageMode: UseNone Outlines: Item: Title: SOLICITED VERSUS UNSOLICITED RATINGS: THE ROLE OF SELECTION Destination: head1 Children: Item: Title: 1. Introduction Destination: head2 Children: Item: Title: 1.1. The credit rating agencies business Destination: head3 Item: Title: 1.2. Evidence of upward bias in unsolicited ratings Destination: head4 Item: Title: 2. A Simple Model of Selection into Solicitation Status Destination: head5 Children: Item: Title: 2.1. Economic environment Destination: head6 Item: Title: 2.2. CRA problem Destination: head7 Item: Title: 2.3. Lenders’ problem Destination: head8 Item: Title: 2.4. Borrower’s problem Destination: head9 Item: Title: 2.5. Equilibrium Destination: head10 Item: Title: 2.6. Solving without ancillary services Destination: head11 Item: Title: 2.7. Introducing ancillary services Destination: head12 Item: Title: 3. Empirical analysis Destination: head13 Children: Item: Title: 3.1. Dataset and definition of the variables Destination: head14 Item: Title: 3.2. Measurement of selection in unsolicited ratings Destination: head15 Item: Title: 4. Conclusion Destination: head16 Item: Title: Acknowledgements Destination: head17 Item: Title: References Destination: head18 Filters: FilterPipeline: FlateDecode Images: Image: NisoImageMetadata: FormatName: image/png CompressionScheme: uncompressed ImageWidth: 1 ImageHeight: 1 ColorSpace: black is zero BitsPerSample: 8 BitsPerSampleUnit: integer Image: NisoImageMetadata: FormatName: image/png CompressionScheme: uncompressed ImageWidth: 1648 ImageHeight: 349 BitsPerSample: 1 BitsPerSampleUnit: integer ImageMask: true Fonts: Type1: Font: BaseFont: JFHCIN+AdvPi1 FontSubset: true FirstChar: 46 LastChar: 46 FontDescriptor: FontName: JFHCIN+AdvPi1 Flags: Nonsymbolic FontBBox: 13, -323, 958, 824 FontFile3: true Encoding: WinAnsiEncoding Font: BaseFont: JFHCMP+AdvP4C4E74 FontSubset: true FirstChar: 1 LastChar: 254 FontDescriptor: FontName: JFHCMP+AdvP4C4E74 Flags: Symbolic FontBBox: -20, -958, 1114, 770 FontFile3: true EncodingDictionary: Differences: true ToUnicode: true Font: BaseFont: 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