Rollover Risk and Credit Risk

Material TypeArticleLanguageEnglish
TitleRollover Risk and Credit Risk Author(S)ZHIGUO HE (Author)
Abstract  Our model shows that deterioration in debt market liquidity leads to an increase in not only the liquidity premium of corporate bonds but also credit risk. ...Paginationp 391–430
SubjectEconomicsDescriptorsEconomics
Journal TitleThe Journal of Finance  
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