The myth of the credit spread puzzle

Journal

Review of Financial Studies

Subject

Finance

Publishing details

Review of Financial Studies 2018 Vol 31:8 p 2897-2942

Authors / Editors

Feldhutter P; Schaefer S

Biographies

Schaefer S M

Publication Year

2018

Keywords

Credit spread puzzle; Structural models; Black-Cox model; Corporate bond spreads; Default probabilities