Vivian van Breemen

Chapter 1 General Introduction 11
Chapter 2 How much do Investors Rely on Credit Ratings Empirical Evidence from the US and EU CLO primary market 25
Chapter 3 Security Design and Credit Rating Risk in the CLO market 67
Chapter 4 Intensified Competition and the Impac on Credit Ratings in the RMBS market 125
Chapter 5 The Impact of Creditor Protection in US States on the RMBS market 181
Chapter 6 Risk Retention in the European Securitization Market: Skimmed by Skin-in-the-Game Methods? 223
Chapter 7 General Discussion & Conclusion 277
Chapter 8 Summary English 293
Samenvatting (Dutch summary) 300
Publications 307
About the Author 313
Acknowledgement 317

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