Term structure effects on default risk premia and the relationship of default-risky tax-exempt yields to risk-free taxable yields — a note
- 1 December 1994
- journal article
- research article
- Published by Elsevier in Journal of Banking & Finance
- Vol. 18 (6) , 1185-1203
- https://doi.org/10.1016/0378-4266(94)00067-0
Abstract
No abstract availableKeywords
This publication has 19 references indexed in Scilit:
- Defaults and Returns on High-Yield Bonds Through the First Half of 1991CFA Magazine, 1991
- Corporate Bond Defaults and Default Rates 1970–1990The Journal of Fixed Income, 1991
- MUNICIPAL BOND YIELDS: WHOSE TAX RATES MATTER?National Tax Journal, 1988
- The Default Premium and Corporate Bond ExperienceThe Journal of Finance, 1987
- The Default Rate Experience on High-Yield Corporate DebtCFA Magazine, 1985
- Marginal Tax Rates: Evidence from Nontaxable Corporate Bonds: A NoteThe Journal of Finance, 1985
- The Valuation of Corporate Liabilities as Compound Options: A CorrectionJournal of Financial and Quantitative Analysis, 1984
- The Valuation of Corporate Liabilities as Compound OptionsJournal of Financial and Quantitative Analysis, 1977
- An Analytic Model of Bond Risk DifferentialsJournal of Financial and Quantitative Analysis, 1975
- Coping with the Risk of Interest-Rate Fluctuations: Returns to Bondholders from Naive and Optimal StrategiesThe Journal of Business, 1971