Five things the UK General Election can teach us about Black Friday deals

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Politics and economics have much in common. For a couple of centuries these weighty subjects taught in many a fine University were and, in recent decades, are recognised as a single taught subject – Political Economy – but also share similarities in modelling human interaction and achievements. This a perfect time to highlight the similaritiesRead more

A tale of two tails: Cross credit ratings and cash holdings

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Market participants in the money markets are aware that credit rating agencies (CRAs) provide frequently independent credit rating evaluations, i.e., a measure of long-term fundamental credit strength of issuers based on both public and private information, which issuers agree to share with CRAs. For many years, the information content of CRAs has drawn a lotRead more