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...
第一著者: | |
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フォーマット: | 雑誌 |
言語: | English |
出版事項: |
Washington, D.C. :
International Monetary Fund,
1997.
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シリーズ: | IMF Working Papers; Working Paper ;
No. 1997/084 |
オンライン・アクセス: | Full text available on IMF |