Recovery Ratios and Survival Times for Corporate Bonds /

This paper analyzes the determinants of the recovery ratios and survival times (time until default) for U. S. corporate bonds. We show that seniority, the type of industry in which the firm operates, and the type of restructuring attempted after default are the major determinants of the cross-sectio...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Izvorski, Ivailo
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1997.
Sraith:IMF Working Papers; Working Paper ; No. 1997/084
Rochtain ar líne:Full text available on IMF