These findings suggest then that many investors are overreacting to the credit rating error and are unable to see via the credit rating biases. Our baseline difference-in-differences estimate from this quasi-experiment implies a statistically substantial and economically sizeable impact of coverage, or competition, on credit rating bias. This DID estimate https://francisco776ka.answerblogs.com/17140305/how-much-you-should-expect-to-pay-for-a-good-credit-rating