The dual effect of upper-level government implicit guarantees on subordinate municipal corporate bond credit risk : an empirical analysis
Xiao Cao, Runsheng Gu, Xiaoqing Ji, Yuhang Li, Ruifeng Zhang
| Year of publication: |
2025
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|---|---|
| Authors: | Cao, Xiao ; Gu, Runsheng ; Ji, Xiaoqing ; Li, Yuhang ; Zhang, Ruifeng |
| Published in: |
Pacific-Basin finance journal. - Amsterdam [u.a.] : Elsevier, ISSN 0927-538X, ZDB-ID 2013015-6. - Vol. 91.2025, Art.-No. 102759, p. 1-14
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| Subject: | Bond default events | Credit spread | Municipal corporate bonds | Regional development | Upper-level government implicit guarantee | Unternehmensanleihe | Corporate bond | Kreditrisiko | Credit risk | Zinsstruktur | Yield curve | Kommunalobligation | Municipal bond | Bürgschaft | Surety |
| Type of publication: | Article |
|---|---|
| Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
| Language: | English |
| Other identifiers: | 10.1016/j.pacfin.2025.102759 [DOI] |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10015405045