tailieunhanh - Research "ARE BANK LOAN RATINGS RELEVANT? "

ARE BANK LOAN RATINGS RELEVANT? Moreover, the coefficient on the background index across MSAs in Column C, and slightly higher in later columns is nearly identical to that found within MSAs (Table , Column A). This is consistent with the claim that both coefficients measure primarily the peer effect (γ ), which might be the same across MSAs as within, rather than effectiveness sorting (θ ), which we would expect to see within but not across MSAs. | INFORMATION TO USERS This manuscript has been reproduced from the microfilm master. UMI films the text directly from the original or copy submitted. Thus some thesis and dissertation copies are in typewriter face while others may be from any type of computer printer. The quality of this reproduction is dependent upon the quality of the copy submitted. Broken or indistinct print colored or poor quality illustrations and photographs print bleedthrough substandard margins and improper alignment can adversely affect reproduction. In the unlikely event that the author did not send UMI a complete manuscript and there are missing pages these will be noted. Also if unauthorized copyright material had to be removed a note will indicate the deletion. Oversize materials . maps drawings charts are reproduced by sectioning the original beginning at the upper left-hand comer and continuing from left to right in equal sections with small overlaps. Photographs included in the original manuscript have been reproduced xerographically in this copy. Higher quality 6 X 9 black and white photographic prints are available for any photographs or illustrations appearing in this copy for an additional charge. Contact UMI directly to order. ProQuest Information and Learning 300 North Zeeb Road Ann Arbor Ml 48106-1346 USA 800-521-0600 _ UMI DISSERTATION Ha-Chin Yi The Graduate School University of Kentucky .