PRICE ADJUSTMENT PROCESS OF BONDS TO RATING RECLASSIFICATIONS - TEST OF BOND MARKET EFFICIENCY

被引：71

作者：

KATZ, S ^{[1
]}

机构：

[1] CITY UNIV NEW YORK,BARUCH COLL,NEW YORK,NY 10010

来源：

关键词：

D O I：

10.2307/2978826

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

引用

页码：551 / 559

页数：9

共 23 条

[1]

ATKINSON TR, 1967, TRENDS CORPORATE BON

[2]

Bachelier L., 1964, RANDOM CHARACTER STO

[3] EMPIRICAL EVALUATION OF ACCOUNTING INCOME NUMBERS [J].

BALL, R ;

BROWN, P .

[4]

BAUMOL W, 1966, STOCK MARKET ECONOMI

[5]

BLUME ME, 1966, J BUSINESS JAN, P226

[6]

Fama E., 1970, J FINANC, P383

[7]

FAMA E, 1963, J BUS, P420

[8]

Fama E. F., 1969, INT ECON REV, V10, P1, DOI [10.2307/2525569, DOI 10.2307/2525569]

[9] DETERMINANTS OF RISK PREMIUMS ON CORPORATE-BONDS [J].

FISHER, L .

[10]

FISHES D, 1968, J FINANCE SEP