Lara Cathcart

Imperial College Business School

Associate Professor in Finance

South Kensington Campus

Exhibition Road

London SW7 2AZ, SW7 2AZ

United Kingdom

SCHOLARLY PAPERS

14

DOWNLOADS
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3,274

SSRN CITATIONS
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SSRN RANKINGS

Top 22,651

in Total Papers Citations

24

CROSSREF CITATIONS

19

Scholarly Papers (14)

Distressed Debt Restructuring in the Presence of Credit Default Swaps

Journal of Money, Credit, and Banking, Forthcoming
Number of pages: 41 Posted: 27 Aug 2010 Last Revised: 15 Jan 2015
Mascia Bedendo, Lara Cathcart and Lina El-Jahel
University of Bologna - Department of Management, Imperial College Business School and University of Auckland Business School
Downloads 576 (67,488)
Citation 7

Abstract:

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Credit default swaps, empty creditors, debt restructuring

In- and Out-of-Court Debt Restructuring in the Presence of Credit Default Swaps

CAREFIN Research Paper No. 24/2010
Number of pages: 36 Posted: 07 Apr 2011
Mascia Bedendo, Lara Cathcart and Lina El-Jahel
University of Bologna - Department of Management, Imperial College Business School and University of Auckland Business School
Downloads 186 (228,709)

Abstract:

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2.

Defaultable Bonds and Default Correlation

Number of pages: 41 Posted: 25 Nov 2002
Lara Cathcart and Lina El-Jahel
Imperial College Business School and University of Auckland Business School
Downloads 653 (58,181)
Citation 13

Abstract:

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Reputational Shocks and the Information Content of Credit Ratings

Journal of Financial Stability, Forthcoming
Number of pages: 45 Posted: 21 Dec 2010 Last Revised: 11 Dec 2017
Mascia Bedendo, Lara Cathcart and Lina El-Jahel
University of Bologna - Department of Management, Imperial College Business School and University of Auckland Business School
Downloads 554 (70,931)
Citation 4

Abstract:

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Credit rating agencies, Rating announcements, Reputational shocks, Regulation

Reputational Shocks and the Information Content of Credit Ratings

Journal of Financial Stability, 34, 44-60. DOI:10.1016/j.jfs.2017.12.003., The University of Auckland Business School Research Paper Series
Posted: 31 Jan 2022
Mascia Bedendo, Lara Cathcart and Lina El-Jahel
University of Bologna - Department of Management, Imperial College Business School and University of Auckland Business School

Abstract:

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Credit rating agencies, Rating announcements, Reputational shocks, Regulation

4.

Do Sovereign Credit Default Swaps Represent a Clean Measure of Sovereign Default Risk? A Factor Model Approach

Number of pages: 48 Posted: 15 Mar 2012 Last Revised: 29 Jan 2013
Saad Badaoui, Lara Cathcart and Lina El-Jahel
EDHEC Business School/EDHEC Risk Institute, Imperial College Business School and University of Auckland Business School
Downloads 242 (179,462)
Citation 5

Abstract:

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Sovereign CDS spreads, Default and Liquidity Intensities, Grid Search Method and Exponential Affine Models

5.

Firm-Level Climate Regulatory Exposure

Number of pages: 75 Posted: 08 Jul 2021 Last Revised: 31 May 2022
Imperial College Business School, Imperial College Business School, Imperial College Business School and Imperial College Business School
Downloads 227 (190,736)

Abstract:

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Climate regulatory exposure, textual analysis, Trump election, stock returns.

6.

Implied Liquidity Risk Premium in the Term Structure of Sovereign Credit Default Swap and Bond Spreads

Number of pages: 43 Posted: 29 Aug 2013 Last Revised: 09 Jan 2014
Saad Badaoui, Lara Cathcart and Lina El-Jahel
EDHEC Business School/EDHEC Risk Institute, Imperial College Business School and University of Auckland Business School
Downloads 226 (191,543)
Citation 3

Abstract:

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term structure of sovereign credit default swaps, maximum likelihood, Kalman filter, liquidity risk

7.
Downloads 225 (192,371)
Citation 1

News Sentiment and Sovereign Credit Risk

Number of pages: 41 Posted: 09 Jun 2016 Last Revised: 26 Apr 2019
Lara Cathcart, Nina Gotthelf, Matthias Uhl and Yining Shi
Imperial College Business School, University of Zurich - Department of Banking and Finance, University of Zurich - Department of Banking and Finance and Yining Shi
Downloads 224 (192,822)
Citation 1

Abstract:

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CDS, Sovereign Risk, Credit Risk Premium, Media Tone

News Sentiment and Sovereign Credit Risk

European Financial Management, Vol. 26, Issue 2, pp. 261-287, 2020
Number of pages: 27 Posted: 19 May 2020
Lara Cathcart, Nina Gotthelf, Matthias Uhl and Yining Shi
Imperial College Business School, University of Zurich - Department of Banking and Finance, University of Zurich - Department of Banking and Finance and Yining Shi
Downloads 1 (952,318)

Abstract:

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CDS, credit risk premium, media tone, sovereign risk

8.

The Differential Impact of Leverage on the Default Risk of Small and Large Firms

Number of pages: 83 Posted: 17 Aug 2018 Last Revised: 04 Nov 2019
Imperial College Business School, ICMA Centre, Henley Business School, University of Reading, CUNEF Universidad and ICMA Centre - Henley Business School, University of Reading
Downloads 170 (247,153)

Abstract:

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9.

The Risk-Based Capital Credit Crunch Hypothesis, a Dual Perspective

Paris December 2012 Finance Meeting EUROFIDAI-AFFI Paper
Number of pages: 43 Posted: 12 Jun 2012 Last Revised: 27 Apr 2013
Lara Cathcart, Lina El-Jahel and Ravel Jabbour
Imperial College Business School, University of Auckland Business School and Imperial College Business School
Downloads 141 (287,700)

Abstract:

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Banking, Capital Structure, Financial Crisis

10.

Corporate Bankruptcy and Banking Competition: The Effect of Financial Leverage

Number of pages: 59 Posted: 17 Apr 2021 Last Revised: 18 Jun 2021
Imperial College Business School, ICMA Centre, Henley Business School, University of Reading, CUNEF Universidad and ICMA Centre - Henley Business School, University of Reading
Downloads 70 (453,935)

Abstract:

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Banking Competition, Default Risk, Financial Leverage, Syndicated Loans

11.

Market and Model Credit Default Swap Spreads: Mind the Gap!

European Financial Management, Vol. 17, Issue 4, pp. 655-678, 2011
Number of pages: 24 Posted: 17 Aug 2011
Mascia Bedendo, Lara Cathcart and Lina Elā€Jahel
University of Bologna - Department of Management, Imperial College Business School and affiliation not provided to SSRN
Downloads 4 (870,394)
Citation 2

Abstract:

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equity volatility, credit spreads, structural models, G21, C22, G10

12.

Excess comovement in credit default swap markets: Evidence from the CDX indices

Journal of Financial Markets, 43, 96-120.DOI:10.1016/j.finmar.2018.10.002., The University of Auckland Business School Research Paper Series
Posted: 31 Jan 2022
Lara Cathcart, Lina El-Jahel, Leo Evans and Yining Shi
Imperial College Business School, University of Auckland Business School, Imperial College London, Business School, Students and Yining Shi

Abstract:

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Credit default swaps, Excess comovement, CDX indices, Credit ratings

13.

Market Vs Model Credit Default Swap Spreads: Mind the Gap!

European Financial Management, Forthcoming
Posted: 06 Mar 2008 Last Revised: 31 Jul 2010
Lara Cathcart, Lina El-Jahel and Mascia Bedendo
Imperial College Business School, University of Auckland Business School and University of Bologna - Department of Management

Abstract:

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Equity volatility, Credit spreads, Structural models , Trading strategies

14.

The Shape of the Term Structure of Credit Spreads: An Empirical Investigation

Journal of Financial Research, Vol. 30, No. 2, 2007
Posted: 17 Mar 2005 Last Revised: 30 Jul 2010
Mascia Bedendo, Lara Cathcart and Lina El-Jahel
University of Bologna - Department of Management, Imperial College Business School and University of Auckland Business School

Abstract:

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Credit spreads, term structure, level, slope, curvature

Other Papers (1)

Total Downloads: 0
1.

The Correlation Structure of the CDS Market: An Empirical Investigation

AFA 2011 Denver Meetings Paper
Posted: 23 Mar 2010 Last Revised: 02 Jul 2014
Leo Evans, Lina El-Jahel and Lara Cathcart
Imperial College Business School, University of Auckland Business School and Imperial College Business School

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Credit Correlation, Clustering, Principle Components Analysis, Ratingsma separated]