An Empirical Study of Corporate Bond Liquidity, Credit Risk and Risk Premium
碩士 === 東吳大學 === 企業管理學系 === 97 === In past using structure models measure yield spreads of corporate bonds. Finding the Merton-style models may underpredict risk-premium of corporate-the so called “Credit spread puzzle”-is that these models omit a liquidity factor. In this study use unsecured corpora...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2009
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| Online Access: | http://ndltd.ncl.edu.tw/handle/71177596179357131036 |