Structural models of credit risk are useful: Evidence from hedge ratios on corporate bonds

Journal of Financial Economics

Volumn 90, Issue 1, 2008, Pages 1-19

  Schaefer, Stephen M ^a   Strebulaev, Ilya A ^b  

^a LONDON BUSINESS SCHOOL   (United Kingdom)

^b STANFORD UNIVERSITY   (United States)

Author keywords

Credit risk; Credit spreads; Hedge ratios; Structural models

Indexed keywords

EID: 53649091105     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jfineco.2007.10.006     Document Type: Article

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