Credit Risk and Financial Regulations

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

Smeal faculty

• Samuel Burton Bonsall - score 13.0
• Kimberly Cornaggia - score 13.0
• Jess Cornaggia - score 10.0
• Jingzhi Huang - score 7.0
• Matthew Gustafson - score 5.0
• Giang Nguyen - score 5.0
• Karl A. Muller - score 4.0
• Anh Le - score 2.0
• Jiro Yoshida - score 2.0
• Jed Neilson - score 1.0
• Michael Rosenberg - score 1.0
• Brent Schmidt - score 1.0
• Charles Cao - score 1.0
• Frederick Hood - score 1.0
• Fenghua Song - score 1.0
• Zhongyi Yuan - score 1.0

Papers

• How Much of the Corporate-Treasury Yield Spread Is Due to Credit Risk? (2012) - cites 1000
• Structural Models of Corporate Bond Pricing: An Empirical Analysis (2004) - cites 926
• The impact of narrative disclosure readability on bond ratings and the cost of debt (2017) - cites 500
• Managerial Ability and Credit Risk Assessment (2016) - cites 316
• How Much of Corporate-Treasury Yield Spread Is Due to Credit Risk?: A New Calibration Approach (2003) - cites 264
• The information content of option-implied volatility for credit default swap valuation (2010) - cites 247
• Estimating the Costs of Issuer-Paid Credit Ratings (2013) - cites 241
• Credit Ratings and the Cost of Municipal Financing (2017) - cites 208
• Bank monitoring: Evidence from syndicated loans (2020) - cites 207
• Managerial Ability and Credit Ratings (2017) - cites 191
• Debt Maturity Structure and Credit Quality (2010) - cites 188
• Sea-Level Rise Exposure and Municipal Bond Yields (2023) - cites 173
• Revolving doors on Wall Street (2016) - cites 157
• Liquidity effects in corporate bond spreads (2013) - cites 144
• Does Regulatory Certification Affect the Information Content of Credit Ratings? (2015) - cites 127
• Credit Ratings Across Asset Classes: A Long-Term Perspective (2017) - cites 105
• Sea Level Rise Exposure and Municipal Bond Yields (2022) - cites 94
• Are Credit Ratings More Rigorous for Widely Covered Firms? (2018) - cites 89
• Where the Heart Is: Information Production and the Home Bias (2020) - cites 85
• SOX, corporate transparency, and the cost of debt (2013) - cites 79
• Specification Analysis of Structural Credit Risk Models (2019) - cites 77
• The impact of issuer-pay on corporate bond rating properties: Evidence from Moody׳s and S&P׳s initial adoptions (2014) - cites 75
• Explaining Credit Spread Changes (2003) - cites 70
• When Do Differences in Credit Rating Methodologies Matter? Evidence from High Information Uncertainty Borrowers (2016) - cites 69
• Investor attention and municipal bond returns (2022) - cites 48
• Separating the Components of Default Risk: A Derivative-Based Approach (2014) - cites 46
• Sea Level Rise Exposure and Municipal Bond Yields (2022) - cites 44
• Sea Level Rise and Municipal Bond Yields (2019) - cites 43
• The Price of Safety: The Evolution of Municipal Bond Insurance Value (2023) - cites 34
• The Effectiveness of Credit Rating Agency Monitoring: Evidence from Asset Securitizations (2015) - cites 33