Sovereign rating changes : how they affected the stock markets of the PIIGS countries during the European sovereign debt crisis

The focus of this paper is to study the effect of sovereign rating changes in the PIIGS (Portugal, Italy, Ireland, Greece and Spain) national stock markets during the European sovereign debt crisis. In my research I find that (1) downgrades convey more information to the market than upgrades. (2) Th...

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Bibliographic Details
Main Author: Candeias, João Eduardo Dias (author)
Format: masterThesis
Language:eng
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10400.14/18797
Country:Portugal
Oai:oai:repositorio.ucp.pt:10400.14/18797