Asset Prices and Default-Free Term Structure in an Equilibrium Model of Default.

We present an equilibrium framework in which asset prices, default-free term structure and default premia are determined simultaneously.

Year of publication:	1999
Authors:	Chang, G. ; Sundaresan, S.M.
Institutions:	Graduate School of Business, Columbia University
Subject:	FINANCIAL MARKET \| PRICES

Series:	Columbia - Graduate School of Business.
Type of publication:	Book / Working Paper
Notes:	49 pages
Classification:	G10 - General Financial Markets. General ; G12 - Asset Pricing ; G19 - General Financial Markets. Other ; G23 - Pension Funds; Other Private Financial Institutions
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005630993