Corporate bond default risk: A 150-year perspective

Journal of Financial Economics

Volumn 102, Issue 2, 2011, Pages 233-250

  Giesecke, Kay ^a   Longstaff, Francis A ^b,c   Schaefer, Stephen ^d   Strebulaev, Ilya ^e  

^a STANFORD UNIVERSITY   (United States)

^b UNIVERSITY OF CALIFORNIA   (United States)

^c NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

^d LONDON BUSINESS SCHOOL   (United Kingdom)

^e STANFORD UNIVERSITY   (United States)

Author keywords

Bankruptcy; Credit risk premium; Credit spreads; Default rates

Indexed keywords

EID: 80052754072     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jfineco.2011.01.011     Document Type: Article

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