This folder holds the following references to publications, sorted by year and author.

There are 27 references in this bibliography folder.

Abad-Romero, P and Robles-Fernandez, M (2006).
Risk and Return Around Bond Rating Changes: New Evidence From the Spanish Stock Market
Journal of Business Finance & Accounting, 33(5-6):885–908.

Choy, E, Gray, S, and Ragunathan, V (2006).
Effect of Credit Rating Changes on Australian Stock Returns
Accounting and Finance, 46(5):755–769.

Yorio, G (2006).
Calificaciones de riesgo crediticio de los gobiernos estatales en México
Tesis Maestría en Economía, El Colegio de México.

García-Romo, G, Ibarra-Salazar, J, and Sotres-Cervantes, L (2005).
Determinants of Mexican States Government Credit Ratings. Departament of Economics, Instituto Tecnológico de Estudios Superiores de Monterrey

Hochman, S and Valadez, M (2004).
Using Credit Ratings Can be an Effective Means of Instilling a Culture of Creditworthiness
In: Subnational Capital Markets in Developing Countries: From Theory to Practice, ed. by Mila, F., The World Bank.

Hernandez-Trillo, F, Cayeros, A, and Gonzalez, R (2002).
Determinants and Consequences of Bailing Out States in Mexico
Eastern Economic Journal, 28(3):365-380.

Reyes, M (1999).
Size, Time-varying Beta, and Conditional Heteroscedasticity in UK Stock Returns
Review of Financial Economics, 8(1):1-10.

Scruggs, J (1998).
Resolving the Puzzling Intertemporal Relation between the Market Risk Premium and Conditional Market Variance: A Two-Factor Approach
Journal of Finance, 53(2):575–603.

Barron, M, Clare, A, and Thomas, S (1997).
The Effect of Bond Rating Changes and New Ratings on UK Stock Returns
Journal of Business Finance & Accounting, 24(3):497–509.

Followill, R and Martell, T (1997).
Bond Review and Rating Change Announcements: An Examination of Informational Value and Market Efficiency
Journal of Economics and Finance, 21(2):75–82.

Hernandez-Trillo, F (1997).
Es Disciplinado el Mercado Crediticio Estatal Mexicano? Una Arista para el Nuevo Federalismo.
El Trimestre Económico, 64:199–219.

Backus, D and Gregory, A (1993).
Theoretical Relations between Risk Premiums and Conditional Variances
Journal of Business & Economic Statistics, 11(2):177–185.

Glosten, L, Jagannathan, R, and Runkle, D (1993).
On the Relation between the Expected Value and the Volatility of the Nominal Excess Return on Stocks
Journal of Finance, 48(5):1779–1801.

Goh, J and Ederington, L (1993).
Is a Bond Rating Downgrade Bad News, Good News, or No News for Stockholders?
Journal of Finance, 48(5):2001–2008.

Liu, P and Seyyed, F (1991).
The Impact of Socioeconomic Variables and Credit Ratings on Municipal Bond Risk Premia
Journal of Business Finance & Accounting, 18(5):735–746.

Nelson, D (1991).
Conditional Heteroskedasticity in Asset Returns: A New Approach
Econometrica, 59(2):347-70.

Cornell, B, Landsman, W, and Shapiro, A (1989).
Cross-Sectional Regularities in the Response of Stock Prices to Bond Rating Changes
Journal of Accounting, Auditing & Finance, 4(4):460–479.

Zaima, J and McCarthy, J (1988).
The Impact of Bond Rating Changes on Common Stocks and Bonds: Tests of the Wealth Redistribution Hypothesis
The Financial Review, 23(4):483–498.

Campbell, J (1987).
Stock Returns and the Term Structure
Journal of Financial Economics, 18(2):373-399.

Engle, R, Lilien, D, and Robins, R (1987).
Estimating Time Varying Risk Premia in the Term Structure: The Arch-M Model
Econometrica, 55(2):391–407.

French, K, Schwert, G, and Stambaugh, R (1987).
Expected Stock Returns and Volatility
Journal of Financial Economics, 19(1):3–29.

Bollerslev, T (1986).
Generalized Autoregressive Conditional heteroskedasticity
Journal of Econometrics, 31(3):307–327.

Holthausen, R and Leftwich, RW (1986).
The Effect of Bond Rating Changes on Common Stock Prices
Journal of Financial Economics, 17(1):57–89.

Wansley, J and Clauretie, T (1985).
The Impact of CreditWatch Placement on Equity Returns and Bond Prices?
The Journal of Financial Research, 8:31–42.

Ingram, R, Brooks, L, and Copeland, R (1983).
The Information Content of Municipal Bond Rating Changes: A Note
Journal of Finance, 38(3):997–1003.